Binnie Steve Sappi 22Sappi sales sink
across all markets

Packaging+paper volumes
decline caused profit plunge

Sappi the $5.4Bn South African based international paper and packaging maker, reported declining prices but steady volumes in Q3'26. Whilst acknowledging the business is under pressure, CEO Steve Binnie's commentary said little about restoring packaging power or developing new paper product categories or markets. Full analysis here, first

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