Sappi has posted a strong third quarter performance, bolstered by strong global demand and pricing momentum.
The paper and packaging company’s earnings before interest, taxation, depreciation and amortisation rose to a record $371m from $145m previously, and the firm expects the robust pricing and demand environment to continue into the next quarter. Business Day TV unpacked the performance with CEO Steve Binnie.
Belgique Dernières Nouvelles, Belgique Actualités
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Sappi reports record third-quarter earnings amid paper shortageTight markets and higher selling prices contributed to Sappi’s performance, despite high cost inflation ✊
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Sappi reports record third-quarter earnings amid paper shortageTight markets and higher selling prices contributed to Sappi’s performance, despite high cost inflation
Lire la suite »