Sappi Limited reported earnings results for the second quarter and six months ended March 31, 2025. For the second quarter, the company reported sales was USD 1,347 million compared to USD 1,352 million a year ago. Net loss was USD 20 million compared to net income of USD 29 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to basic earnings per share from continuing operations of USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to diluted earnings per share from continuing operations of USD 0.05 a year ago.
For the six months, sales was USD 2,710 million compared to USD 2,624 million a year ago. Net income was USD 50 million compared to net loss of USD 97 million a year ago. Basic earnings per share from continuing operations was USD 0.08 compared to basic loss per share from continuing operations of USD 0.17 a year ago. Diluted earnings per share from continuing operations was USD 0.08 compared to diluted loss per share from continuing operations of USD 0.17 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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