Sappi reports a loss of R3.1 billion, optimistic about 2026.
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GUEST: Steve Binnie – CEO, Sappi
Global woodfibre giant Sappi has posted a R3.1 billion annual loss, as weak markets and softer pricing across its key paper and pulp segments weighed on earnings. Despite the headwinds, the group reported Adjusted EBITDA of US$501 million for the year ended 30 September 2025 and remains focused on debt reduction and operational efficiency through its “Back to Basics” strategy.
In this conversation, Sappi CEO Steve Binnie joins Kaya Biz with Gugulethu Mfuphi to unpack how the group plans to strengthen its balance sheet, cut costs, and extract returns from its recent Somerset Mill expansion in North America a major investment designed to drive future growth in packaging and speciality papers.
Global woodfibre giant Sappi has posted a R3.1 billion annual loss, as weak markets and softer pricing across its key paper and pulp segments weighed on earnings. Despite the headwinds, the group reported Adjusted EBITDA of US$501 million for the year ended 30 September 2025 and remains focused on debt reduction and operational efficiency through its “Back to Basics” strategy.
In this conversation, Sappi CEO Steve Binnie joins Kaya Biz with Gugulethu Mfuphi to unpack how the group plans to strengthen its balance sheet, cut costs, and extract returns from its recent Somerset Mill expansion in North America a major investment designed to drive future growth in packaging and speciality papers.
