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

Q4 2021 Sappi Ltd Earnings Call Transcript

Nov 11, 2021 / 02:00PM GMT
Release Date Price: $2.67 (-10.96%)
Operator

Good afternoon, ladies and gentlemen, and welcome to Sappi Limited Quarter 4 of 2021 results. (Operator Instructions) Please note that this event is being recorded. I will now hand the conference over to Mr. Steve Binnie. Please go ahead, sir.

Stephen Robert Binnie
Sappi Limited - CEO & Executive Director

Thank you. Good day, everybody. Thanks for joining us for the results call, our year-end and obviously final quarter results. As always, I'll move through the investor presentation, calling out the page numbers as I move through. And I'm going to start on Page 3, which are just some of the highlights for the year. And I think most importantly, obviously, we returned to profitability overall, following the impact of COVID last year. So I'm pleased to say that we did get back to profitability. Other highlights, the Packaging and Specialty segment achieved record profitability. Obviously, justifying the recent years' investments in that segment, and we are excited about the prospects going forward.

DP, dissolving pulp was strong. Price is good,

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