Sappi reports turbulent second quarter, results impacted by low dissolving pulp prices

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Although the coronavirus pandemic made only a small impact on Sappi’s profitability in the company’s second quarter from January to March 2020, the period was turbulent for the company. The group’s sales in the second quarter receded 13 per cent to $1.3bn. Operating profit plummeted year-on-year by 80 per cent ...

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