Sappi Limited (SPPJY) Q3 2026 Earnings Call Transcript

SA Transcripts 161.61K Followers Follow Sappi Limited ( SPPJY ) Q3 2026 Earnings Call August 6, 2026 9:00 AM EDT Company Participants Stephen Binnie - CEO & Executive Director Glen Pearce - CFO & Executive Director Michael Haws - Chief Executive Officer of Sappi North America Mohamed Mansoor - Executive Vice President of Sappi Pulp Graeme Wild - CEO of Sappi Southern Africa Conference Call Participants Sean Ungerer - Chronux Research Pty. Ltd Brian Morgan - Morgan Stanley, Research Division James Twyman - Prescient Securities (Pty) Ltd., Research Division Detlef Winckelmann - JPMorgan Chase & Co, Research Division Cole Hathorn - Jefferies LLC, Research Division Presentation Operator Good day and thank you for standing by. Welcome to the Sappi Q3 2026 Results Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, CEO, Steve Binney. Please go ahead. Stephen Binnie CEO & Executive Director Thank you, operator. Good day to everyone. Thanks for joining. As always, move through the investor presentation calling out page numbers as we move through. And just quickly starting on Page 2, I just draw your attention to the comments on forward-looking statements. Moving to Page 3, which is really just a high-level summary of the quarter. It's fair to say that we still have challenging market conditions with volatile economic macro factors taking place, which has had an impact on a number of our costs, which is obviously impacted on the margins and also selling prices for our products. On top of that, we continue to feel the impact of the strong rand against the U.S. dollar. On the positive side, we -- I'm pleased with the progress that we're making in North America as we increase our sales volumes in -- on the packaging side, on the SBS side specifically. Just as a reminder that the quarter did