Aug 04, 2022 / 01:00PM GMT
Operator
Good day, ladies and gentlemen, and welcome to Sappi Limited Third Quarter of 2022 Results Conference Call. (Operator Instructions) Please note that this event is being recorded.
I'd like to hand the conference over to Mr. Steve Binnie. Please go ahead.
Stephen Robert Binnie - Sappi Limited - CEO & Executive Director
Thank you, operator. Good day, everybody. Thanks for joining us for the call. As always, I'll move through the investor presentation calling out the page numbers as I go along, and I'm going to start on page 3, which is the highlights of the quarter. It's fair to say we are thrilled with the results. It's another quarter of record profitability of $371 million of EBITDA that was up on the 337 record that we made in the last quarter and well above anything that we've ever achieved before and also well above all the analysts' expectations that we saw that forecast. It was built off of strong global paper markets. We obviously seem demand bounce back nicely. At the same time, obviously some capacity came out of the market, and that enables
Q3 2022 Sappi Ltd Earnings Call Transcript
Aug 04, 2022
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