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Sappi reports record third-quarter earnings amid paper shortage

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Tight markets and higher selling prices contributed to Sappi’s performance, despite high cost inflation

Paper and packaging company Sappi delivered record earnings in its third quarter, bolstered by strong global demand and pricing momentum driven by an international paper shortage.

Tightening capacity, labour shortages, and supply chain disruptions have been attributed to causing the scant availability of paper supply globally...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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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
Source: BDliveSA - 🏆 12. / 63 Read more »

Sappi reports record third-quarter earnings amid paper shortageTight markets and higher selling prices contributed to Sappi’s performance, despite high cost inflation
Source: BDliveSA - 🏆 12. / 63 Read more »