Aug 03, 2023 / 01:00PM GMT
Operator
Good day, and thank you for standing by. Welcome to the financial results announcement Q3 2023. (Operator Instructions) Please be advised today's conference is being recorded.
Now I'd like to hand the conference over to your speaker today, Steve Binnie, Group CEO. Please go ahead.
Stephen Robert Binnie - Sappi Limited - CEO & Executive Director
Thank you. Thanks, everybody, for joining us today. As always, I will go through the investor presentation, calling out the page numbers, and at the end, put it back for questions. .
So we're going to start on Page 3, which is just a summary of the quarter. It was a challenging global economy that we were up against with ongoing weaknesses in paper and pulp markets. That's something obviously we talked about at the last results call. It has continued into the third quarter. And the destocking influence, which we did talk about on the last call, did continue and has been bigger and lasted longer than we had expected. We did start to see a little bit of improvement towards the end of the quarter, but
Q3 2023 Sappi Ltd Earnings Call Transcript
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