Reports and presentations
Latest financial results
Discover Sappi’s latest financial results, highlighting our performance, strategic resilience, and response to global market challenges.
Adjusted EBITDA
Q1FY24: US$ 130 million
Profit for the period
Q1FY24: US$ 126 million
Adjusted EPS
Q1FY24: 5 US¢
Net debt of
Q1FY24: US$ 1,216 million
Report
2024 Annual Integrated Report
Sappi’s 2024 Annual Integrated Report provides an overview of how we create value through our purpose, vision and strategy. This report reflects on key opportunities and risks in our markets, our performance against financial and non-financial objectives, and our goals and focus areas for the year ahead.
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Investor calendar
There’s more to this than simply keeping you ‘in the know’. It’s about a dynamic process of communicating with the people at the heart of current and future successes.These are some of the key forthcoming dates for investors’ diaries.
Q2 FY25 Financial results announcement
Sappi Limited (JSE: SAP, OTC: SPPJY) will release its Q2 FY25 financial results for the period ended March 2025 on Thursday, 08 May 2025, at 08:00 South African time. (The closed period commences from the close of trading (South African time) on 31 March 2025 until results are released on 08 May 2025.)
Latest news
Stay informed with the latest investor updates and Sappi news, featuring key financial insights, strategic developments, and industry innovations shaping our future.
SENS announcements
Johannesburg Stock Exchange announcements
Browse Sappi-related stories from the Stock Exchange News Service (SENS) from the Johannesburg Stock Exchange (JSE) Limited.
Strategy
Drive operational excellence
What does this mean?
- Drive our safety-first culture
- Continuously improve our cost position
- Continue to maximize the benefits of our global footprint
- Best-in-class production efficiencies to secure increased volumes
How we performed last year
- Lost-time injury frequency rate (LTIFR) improved but we had one unfortunate contractor fatality in the forestry operations in South Africa
- Group efficiency, procurement and continuous improvement savings >US$104 million
- Maximised the benefits of OneSappi to achieve cost advantages
- Challenging macro environment resulting in weak trading conditions in the paper business
- DWP production is stabilising although a few once-off incidents did impact optimal production.
Enhance trust
What does this mean?
- Improve our understanding of, and proactively partnering with, all stakeholders
- Drive sustainability solutions.
- Meet the changing need of every Sappi employee
How we performed last year
- Sustained Platinum status in EcoVadis sustainability assessment across all three regions
- Performance against our science-based carbon emission intensity reduction target showed an improvement compared to last year, but the target was not reached, mainly due to market-related production curtailments
- Actively supported local communities through community forums
- No employee engagement survey conducted during 2024; next survey 2025. 84% of action items from 2023 survey closed out by year-end
- Expanded Supplier Code of Conduct compliance and EcoVadis supplier assessments
- Ranked in the top 1,000 Companies in the world by Time and Forbes Magazines
- Sustained Level 1 BBBEE in South Africa.
Sustain our financial health
What does this mean?
- Target net debt at approximately US$1 billion and sustain net debt/EBITDA at 1.5x through the cycle
- Optimise capital management
- Maximise return on capital employed (ROCE)
- Review pricing strategies to secure optimal value creation
- Sustain dividends at 3x cover
How we performed last year
- Net debt at year end US$1,422 million
- Invested to grow and convert PM2 at Somerset Mill to packaging grade, project is on time and on budget and aligned with the Thrive strategy
- Closed Stockstadt and Lanaken Mills and settled all agreed social benefits
- Declared a dividend of US14 cents
- Sold the Stockstadt and Lanaken Mills properties.
Grow your business
What does this mean?
- Grow dissolving wood pulp (DWP) capacity, matching market demand
- Continue to expand and grow packaging and speciality papers in all regions
- Commence commercialisation of biomaterials opportunities
- Optimise graphic papers segments ensuring we balance supply and demand
How we performed last year
- DWP sales volumes were slightly lower than FY2023, earnings before interest, taxes, depreciation and amortisation (EBITDA) margin, however, improved
- Pulp constitutes 29% of group sales volumes (excluding forestry) and contributes 42% of group Adjusted EBITDA
- Packaging and speciality papers sales volumes increased by 8% year-on-year
- Packaging and speciality papers constitute 27% of group sales volume (excluding forestry) and contributes 19% of group Adjusted EBITDA
- Actively progressed the expansion and conversion of Somerset PM2 from graphic papers to packaging and speciality papers
- Reduced graphic papers capacity in Europe by 30% through the closure of Stockstadt and Lanaken Mills
- Strong profitability from lignin sales and favourable advancement of other biomaterials opportunities.
Acting boldly for people, planet and prosperity
We’re unlocking the power of renewable resources to meet the needs of the planet and people while seeding prosperity for all. Together, we’re building a thriving world with a bio-based, circular economy.
In a warming world with increasingly scarce resources, making sustainable solutions is not just our responsibility. It's an opportunity that we’re embracing with a spirit of eco-effective ingenuity that’s unique to Sappi.
Sappi and the SDGs
We’ve  set ambitious targets aligned with the United Nations’ Sustainable Development Goals (SDGs) in the seven areas where we believe Sappi can make the biggest impact.  
Equity information
Corporate governance and risk
Good governance at Sappi contributes to living our values through enhanced accountability, a transparent and ethical culture, strong risk management, a focus on effective control of the business, legitimacy and good performance.
Get in contact
Tracy Wessels
Group Head, Investor Relations and Sustainability