Sappi announces satisfactory earnings and declares dividend; releases financial results for fourth quarter and full year
The packaging and speciality papers segment faced similar weak trading conditions related to high levels of downstream inventory and muted consumer demand.
- The packaging and speciality papers segment faced similar weak trading conditions related to high levels of downstream inventory and muted consumer demand.
- However, viscose staple fibre (VSF) operating rates in China improved steadily as economic activity resumed from the third quarter onwards.
- We remain encouraged by the increasing resilience of our business and opportunities for growth in our packaging and pulp segments.
- Full details are available at www.sappi.com using the links Investors; Latest financial results