News and Events

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Within the context of ongoing challenging global macroeconomic conditions and weak paper markets I am pleased that the group delivered EBITDA of US$156 million, which was in line with guidance provided in the prior quarter.”

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am pleased with another strong performance from the Group which was well above pre-Covid levels and the best ever first quarter results. EBITDA of US$290 million was 21% above the prior year and in line with guidance provided in the previous quarter. The positive results were underpinned by year-on-year pricing gains for paper products which offset cost inflation, lower sales volumes and delivered an EBITDA margin of 17.5%.”

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Following the record profitability achieved last year, the group faced a severe downstream inventory destocking cycle. This led to production curtailment in both the European and North American regions to match the sluggish market demand and to prevent excess inventory accumulation.”

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Within the context of subdued underlying market conditions due to the challenging macroeconomic environment I am pleased that the group delivered EBITDA of US$183 million, which was 10% above the prior year.”

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am pleased the Group delivered EBITDA (earnings) more than 40% above the prior year at US$151 million.

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Following the record profitability achieved last year, the group faced persistent challenges in the global economy and encountered ongoing weakness in paper and pulp markets. Specifically, the paper businesses experienced a significant downstream destocking cycle.”

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.

On 3 December that Marco Eikelenboom (53), previously Vice President Marketing & Sales, Graphic Papers at Sappi Europe, had been appointed as CEO of Sappi Europe as from 1 April 2021.

Packaging paper manufacturer Sappi Europe offers the flexible packaging market’s most extensive portfolio of functional papers – with a focus on compelling alternatives to multi-layer material and plastic packaging

Championing the theme of ‘Cycling for a better climate’, a 75-strong team of keen riders from Ehingen Mill joined a total of 419 cyclists and 22 other teams who were cycling for the city of Ehingen/Donau

With a second e-boiler, Sappi takes a further step towards sustainability and advancing decarbonisation

In the next two years Sappi will be investing a sum in the low double-digit millions to expand its Centre of Excellence for speciality papers at its facility in Carmignano, northern Italy.