Sappi reports record third-quarter earnings amid paper shortage

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa Headlines News

Tight markets and higher selling prices contributed to Sappi’s performance, despite high cost inflation

Paper and packaging company Sappi delivered record earnings in its third quarter, bolstered by strong global demand and pricing momentum driven by an international paper shortage.

Tightening capacity, labour shortages, and supply chain disruptions have been attributed to causing the scant availability of Mondi's products...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tight-lipped Taliban leaders gather after US says Zawahiri killedTop leaders of Afghanistan's Taliban were holding discussions on Wednesday about how to respond to a US drone strike in Kabul that the United States said killed al Qaeda leader Ayman al-Zawahiri, three sources in the group said.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Tight-lipped Taliban leaders gather after U.S. says Zawahiri killedTop leaders of Afghanistan's Taliban were holding discussions on Wednesday about how to respond to a U.S. drone strike in Kabul that the United States said killed al Qaeda leader Ayman al-Zawahiri, three sources in the group said.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Tight-lipped Taliban leaders gather after U.S. says Zawahiri killedTight-lipped Taliban leaders gather after U.S. says Zawahiri killed: Top leaders of Afghanistan's Taliban were holding discussions on Wednesday about how to respond to a U.S. drone strike in Kabul that the United States said killed al Qaeda leader Ayman… US under liberal democrat JoeBiden has now: - entered into a de facto war with Russia, - SpeakerPelosi is provoking the Chinese - is upsetting the Taliban. Remember when much despised Donald walked hand in hand with Kim Jong-un and was deemed too crazy to be president.
Source: SABreakingNews - 🏆 41. / 51 Read more »

Mondi’s profits jump two-thirds amid record pricingImproved volumes and price increases helped the plant-materials group grow core profit two-thirds in its 2022 year Price fixing
Source: BDliveSA - 🏆 12. / 63 Read more »

Ferrari lifts annual target after record ordersLuxury Italian carmaker Ferrari raised its financial targets for the year on Tuesday after reporting record orders in the second quarter. I’m gradually making more earnings now in my trades but with the aid of a trader that was recommended and now I'm recommending her to y'all EliDonovan01
Source: eNCA - 🏆 49. / 51 Read more »

Telkom reports profit pressure as inflation and competition biteShares in SA’s third-biggest mobile operator fall as it reports core profit fell 15.2% in the group’s quarter to end-June, but subscriber numbers picked up
Source: BDliveSA - 🏆 12. / 63 Read more »