Sappi’s Post

Our Group CEO, Steve Binnie, shares the robust strategy behind achieving an over 40% increase in EBITDA to US$151 million y-o-y. Our team demonstrated resilience in Q3 2024, navigating a challenging economic environment to generate profits and maintain strong liquidity. Sound on for more details 🔊   #SappiFinancialResults #SappiQ3Results

We're thrilled to report that our Group delivered EBITDA (earnings) more than 40% above the prior year, reaching US$151 million! Despite the third quarter being a seasonally slower period for our business and the sluggish global economy, our results were in line with our guidance. The underlying profitability, excluding a $30 million impact from scheduled maintenance shutdowns at Saiccor and Somerset mills, remained steady quarter-on-quarter. Sustained strong market conditions in the pulp segment, coupled with a gradual recovery in the paper markets, drive this pleasing performance. View our results here: https://bit.ly/3YIutYe #SappiFinancialResults #SappiQ3Results 

For the August image of our 2024 AI calendar, we channelled a scene in nature depicting the interwoven nature of land, sea and sky in the style of stained glass. 🏞️ Preserving the planet by addressing climate change is a shared responsibility. At Sappi, our environmental commitment is demonstrated through our focus on sustainable forestry practices, efficient energy use, reduction of greenhouse gas emissions and promotion of recycling. #ShapesOfSappi 

It's been a lovely collaboration working with Caren Venter (Kauffmann) and seeing this report come to life. A very rewarding experience 🙌

We are delighted to have achieved Platinum again this year, the highest rating in EcoVadis' sustainability assessment, across all 3 of our regions (Europe, North America, South Africa). Thanks to all our employees and value chain partners for your commitment and support, as we continue to innovate together and drive sustainable solutions in areas where we can have the greatest impact. Since 2021, we've been partnering with EcoVadis to also benchmark and assess the sustainability practices of our suppliers. Learn more about this achievement at: https://bit.ly/3XSc8Yz #SappiSustainability #EcoVadisPlatinum #SustainablePackaging

Since 1999, paper packaging designs and tastes have changed. But we all know that neither paper nor wood would ever truly go out of fashion, given how it links us to history and the limitless potential of trees to deliver some of our most modern products.   As PEFC International celebrates its 25th birthday this year, we’d love to spotlight a few examples of how woodfibre sourcing has evolved.   For instance, have you ever wondered how forest certification & traceability help ensure that your cereal box packaging doesn’t cause deforestation? Stay tuned, as you'll hear from us in the coming months. And click here: https://bit.ly/4bEzFj2 to find out more about Sappi's wood sourcing.   Sappi recognises and collaborates with credible third-party forest certification systems including Forest Stewardship Council™, PEFC International, SFI® and other PEFC-endorsed systems. Sappi’s timber plantations in South Africa are both FSC and PEFC certified; and all of Sappi’s mills are Chain of Custody certified.

When we think of bold and vibrant, the richly coloured chameleon 🦎, which is the July image in our AI calendar, immediately comes to mind. Printed with a spot glass textured Scodix finish, to make it truly stand out. Forests play a crucial role, providing habitat for approximately 80% of terrestrial plant and animal species. They are the most diverse ecosystems on land. At Sappi, we’re deeply committed to conserving biodiversity and restoring nature 🌎. To achieve this, we’ve set aside and meticulously maintain approximately 135,000 hectares of land through Sappi Forests. These areas preserve natural habitats and the incredible biodiversity they harbour, including indigenous forests and wetlands. #ShapesOfSappi

Great to see this as we celebrate #YouthDay 🇿🇦

We're excited to share the success of our recent participation at the Challenge the Fabric (CTF) event in Milan, hosted by Ekman and the Swedish Fashion Council! With 200 industry leaders, including pulp and fibre producers, designers, brand owners, spinners, fabric makers, and NGOs, it was an incredible platform for collaboration and innovation in the MMCF (Manmade Cellulosic Fibres) industry. Bernhard Riegler, VP Marketing Sappi Dissolving Pulp (Sappi Verve)’s impactful panel discussion on “Ensuring a Sustainable Supply of Woodfibres” showcased our strong commitment to sustainability, biodiversity, and social responsibility. His message resonated deeply with the audience, highlighting the positive impact of using wood-based fibres in textiles. We received excellent feedback and engaged in meaningful interactions that underscored the importance of sustainability and collaboration in driving the industry forward.