Sappi second-quarter profit falls sharply due to destocking in global markets

EDWARD WEST edward.west@inl.co.za
BR


SAPPI was impacted by lower sales volumes, cost inflation and operational inefficiencies associated with inventory destocking, and second-quarter earnings before interest, tax, depreciation and amortisation (Ebitda) halved to $167 million (R3.13...

Read latest Pretoria News online.

Online newspapers at PressDisplay.