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Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Following the record profitability achieved last year, the group faced persistent challenges in the global economy and encountered ongoing weakness in paper and pulp markets. Specifically, the paper businesses experienced a significant downstream destocking cycle.”
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PaperAge
From a single pulp and paper mill producing paper from straw in 1938, Sappi has evolved into a global provider of dissolving pulp, packaging and specialty papers, and graphic papers, as well as biomaterials and biochemicals.

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Sappi Limited (JSE: SAP, OTC: SPPJY) will release its Q4 and full FY23 financial results for the period ended September 2023 on Thursday, 09 November 2023, at 08:00 South African time.
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