Sappi Ltd (OTCPK:SPPJY)
$ 3.125 -0.045 (-1.42%) Market Cap: 1.84 Bil Enterprise Value: 3.26 Bil PE Ratio: 127.39 PB Ratio: 0.70 GF Score: 79/100

Q1 2024 Sappi Ltd Earnings Call Transcript

Feb 07, 2024 / 02:00PM GMT
Release Date Price: $2.41 (+1.69%)
Operator

Good day, and thank you for standing by, welcome to the financial results announcement Q1 2024 webcast and conference call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. (Operator Instructions) Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Steve Binnie. Please go ahead.

Steve Binnie
Sappi Limited - CEO & Executive Director

Thank you, good day, everybody, thanks for joining. As always, I'll move through the investor presentation calling out the page numbers as we move. I'm going to start on page 3, which are some of the highlights for the quarter. And firstly, our EBITDA was $156 million, which was in line with our guidance that we gave at the end of the last quarter.

Overall, we were satisfied with those results against the challenging global macroeconomic environment. We did see a gradual recovery across our segments on graphic paper volumes were higher quarter on quarter,

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