Q2 2021 Sappi Ltd Earnings Call Transcript
Thank you, operator, and good day, everybody. Thanks for joining us on the call. As always, I'll take you through the investor presentation, calling out the page numbers as I move through the deck. And I'm going to start on Page 3, which has some of the highlights for the quarter.
I'm pleased to say that the recovery that we've experienced from the loss of COVID last year continued into this quarter, further improvement. There are still certain challenges related to COVID, which I'll talk a little bit more, but we continue the recovery, and I'm pleased with the progress.
Firstly, a strong performance from the packaging and specialties, and then dissolving pulp continued to ramp up. What I would say on dissolving pulp is that prices improved significantly during the quarter. But I just want to stress that there is a lag impact related to our contractual pricing, and much of that benefit will be felt in future quarters.
The graphic papers in Europe continue to be under pressure. And a lot of that was linked to
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