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     Latest News: Sappi Ltd. SAPPI [SAP]
     Fri, 10 Oct 2025 Official Announcement [TB] 
    Sappi - voluntary update
    As stated during our 3Q2025 results announcement, Sappi's leverage ratio is currently elevated due to a confluence of factors:
    • a peak in debt after completing the Somerset PM2 conversion and expansion project;
    • a weak USD impacting the translation of our Euro denominated debt to USD;
    • pricing headwinds across a number of product segments; and
    • a tough macroeconomic environment.

    While these conditions have created a more complex operating environment, we remain confident in the underlying strength of our business and the resilience of our operations.

    Sappi's immediate focus remains on internal factors within the company's control, primarily the reduction of debt and strengthening the balance sheet. To this end, we are intensifying efforts to enhance our financial flexibility.
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    Closing price data source: JSE Ltd. All other statistics calculated by ProfileData.
       
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