Sappi braces for tougher quarter as global turmoil, weak pricing hammer earnings
Daily Maverick | 08.05.2026 03:39
The dual-listed woodfibre and bioeconomy group reported adjusted EBITDA of $52-million for the quarter ended March 2026, down sharply from $107-million a year earlier. Sappi posted a loss for the period of $413-million, while adjusted earnings per share swung to a loss of eight US cents from a profit of one US cent a year ago. Net debt climbed to almost $2-billion.
