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Sappi reports a loss of R3.1 billion, optimistic about 2026.
Manage episode 518059461 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
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. Kaya FM
…
continue reading
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. Kaya FM
174 episodes
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Manage episode 518059461 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
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. Kaya FM
…
continue reading
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. Kaya FM
174 episodes
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Similar to Kaya Biz
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment. Listen to Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern for the top interviews from Bloomberg Surveillance Television. And join Tom Keene and Paul Sweeney for the best conversations from Bloomberg Surveillance Radio. Watch Surveillance TV LIVE each mornings: http://bit.ly/3P7nstQ. Watch Surveillance Radio LIVE weekday mornings: http://bit.ly/3vTiACF.
…
continue reading
A daily dose of irreverent, offbeat, and informative takes on business & tech news. Hosted by Jon Weigell and the rotating cast of The Hustle. Plus, expert insight on business strategies including marketing, scaling, sales, and overall entrepreneurship.
…
continue reading
A live podcast show, that’s like a morning radio show, just much better. Live from 6h00-8h00 Monday, Wednesday and Friday. Clever, funny, outrageous and sometimes very silly. Come for the guests, stay for the laughter. Also check out our other shows on The Real Network for more entertainment.
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continue reading
The show that helps you maximize your wealth by turning complex financial situations into actionable advice. On Your Money. Your Mission., we answer the questions you’ve been asking about -- financial planning, investing, retirement and everything in between. Whether you’re navigating the complexities of the market or looking for the best ways to save or spend your money, tune in to hear from experienced financial advisors with JFG. Walk away from each episode with savvy tips and financial t ...
…
continue reading
Join Larry Mantle weekdays for lively and in-depth discussions of Los Angeles and Southern California news, politics, science, entertainment, the arts and more. More AirTalk at www.kpcc.org.
…
continue reading
The latest business and finance news from around the world, on the BBC.
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continue reading
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Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how crypto assets and blockchains will change the way we earn, spend and invest our money. Tune in to find out how Web 3.0, the decentralized web, will revolutionize our world. Disclosure: I'm a nocoiner.
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Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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