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On a day that is commemorated internationally by the United Nations to celebrate women who hold office in the field of science, we pay tribute to the women in Sappi for the role they play in helping us build a thriving world for all by unlocking the power of trees, using the power of science.

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Following a strong last quarter, I am pleased we were able to exceed our expectations for the year with Adjusted EBITDA* of US$684 million for the year ended September 2024.

Open up, turn the page, be amazed: a special bottle label opens up new marketing potential for beverage manufacturers

In a strong demonstration of its ongoing commitment to supporting investment in KwaZulu-Natal, Sappi Southern Africa has pledged to invest R10.8 billion in the province over the next five years.

Sappi Europe has achieved GMP+ Feed Safety Assurance (FSA) 2020 certification for its Lignin manufacturing site in Germany where Pelletin and NuryGuard are produced.

Commenting on the impact of COVID-19, Sappi Limited Chief Executive Officer, Steve Binnie said: “In response to the impact that the pandemic is having on people’s lives, we have developed a comprehensive COVID-19 action plan where our priority remains the health and safety of our employees and their families. Our mills and other facilities apply stringent guidelines to mitigate the spread of COVID-19.

Commenting on the result, Sappi Chief Executive Officer Steve Binnie said: “A good performance from the European and North American packaging and specialities segment and satisfactory results from the graphic paper businesses were not enough to offset the significant impact from the unprecedented and markedly lower dissolving pulp (DP) prices.

The persistent global economic downturn is proving to be much tougher than anticipated with depressed markets, geopolitical instability and weak economic growth combining to put significant pressure on Sappi, particularly in Europe.