Our global business strategy

This is a time of truly exciting evolution for Sappi. Our aspirational 2020Vision sets out a range of medium-term targets with the end goal of substantially increasing EBITDA (earnings before interest, taxes, depreciation and amortization) by the conclusion of the decade.

Through intentional evolution we will continue to grow Sappi into a profitable and cash-generative, diversified wood fiber group – focused on dissolving wood pulp, paper and products in adjacent fields.

At Sappi we do business with integrity and courage; making smart decisions which we execute with speed. Our values are underpinned by an unrelenting focus and commitment to safety.

In 2017, we achieved all of our short-term targets and made significant strides towards our 2020Vision. We now have greater flexibility to increase investments in strategic growth.
Steve Binnie, Sappi CEO and Sir Nigel Rudd, Sappi Chairman

Objectives in 2018

Following the successes of 2017, we are continuing to pursue our core objectives this year:

Achieve cost advantages

  • Continuously improve cost position
  • Continue to maximize global procurement benefits, and
  • Best-in-class production efficiencies.

Rationalize declining businesses

  • Maximize production at low-cost mills
  • Continuously balance paper supply and demand in all regions, and
  • Continue to convert low contributing graphic capacity to higher profitable specialities and packaging paper grades.

Maintain a healthy balance sheet

  • Maintain net debt/EBITDA below 2x, and
  • Continuously improve working capital.

Accelerate growth in higher margin growth segments

  • Grow dissolving wood pulp capacity matching customer demand
  • Continue to expand and grow specialities and packaging paper grades in all regions targeting 25% of group EBITDA, and
  • Commence commercialization of biotech opportunities.

This provides the basis to progress further towards those 2020 targets – thriving on the diversified nature and global interconnectivity of our business.

Take a look through Sappi’s financial results in the third quarter for the period ended June 2018.

Explore Sappi’s latest share information. This includes a range of in-depth information, tools and interactive feeds.

Our global activity extends to three continents, selling millions of tons of high quality products to customers all over the world.