Q1 2022 Sappi Ltd Earnings Call Transcript
Good day, ladies and gentlemen, and welcome to the Sappi Limited Q1 2022 results. (Operator Instructions) Please note that this call is being recorded. I'd now like to turn the conference over to Steve Binnie. Please go ahead, sir.
Thank you, and good day to everybody. Thanks for joining us on the call today. 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 our highlights for the quarter. And we're very pleased to say that this was an excellent quarter for Sappi. The performance exceeded even our own expectations. Markets were strong across all our segments, and we achieved success all our operating regions. So very pleased with those results.
The EBITDA was 240 (sic) [$240 million], which was well up even from the prior quarter. We did have an additional trading week, which contributed $25 million, but we did have an extended cold mill outage at Somerset, which offset that impact. So it was a
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