Sappi Limited ( (SPPJY) ) has released its Q1 earnings. Here is a breakdown of the information Sappi Limited presented to its investors.
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Sappi Limited, a global leader in woodfibre-based renewable resources, focuses on sustainable processes and products within the paper and pulp industry. The company reported a solid performance for the first quarter of 2025, with significant improvements in profitability and operational efficiency, despite global economic challenges. Key highlights include a notable increase in Adjusted EBITDA to $203 million, a swing to a profit of $70 million from a loss in the previous year, and an improvement in adjusted earnings per share to 14 US cents. The company also saw improvements across its segments, with strong demand for dissolving pulp and gains in packaging and speciality papers, though market conditions in Europe remain challenging. Looking ahead, Sappi anticipates continued stable demand in some markets but expects short-term pressures on dissolving pulp prices and earnings impacts from planned maintenance and expansion projects.