Sappi Limited reported earnings results for the third quarter and nine months ended June 30, 2025. For the third quarter, the company reported sales was USD 1,321 million compared to USD 1,370 million a year ago. Net loss was USD 33 million compared to net income of USD 51 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to basic earnings per share from continuing operations of USD 0.09 a year ago. Diluted loss per share from continuing operations was USD 0.05 compared to diluted earnings per share from continuing operations of USD 0.08 a year ago.
For the nine months, sales was USD 4,031 million compared to USD 3,994 million a year ago. Net income was USD 17 million compared to net loss of USD 46 million a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to basic loss per share from continuing operations of USD 0.08 a year ago. Diluted earnings per share from continuing operations was USD 0.03 compared to diluted loss per share from continuing operations of USD 0.08 a year ago.
Sappi Limited specializes in the production and marketing of papers for the printing, stationery and textile sectors. Net sales (including intragroup) break down by family of products as follows:
- coated and uncoated graphic printing papers (53.5%);
- packaging and specialty papers (28.4%);
- dissolving pulp (17%);
- forest products (1.1%).
At the end of September 2022, the group operated 19 production sites in South Africa (5), Europe (10) and North America (4).
Net sales are distributed geographically as follows: South Africa (19.2%), Europe (51.2%) and North America (29.6%)
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