Sappi says recovery steady in second quarter as Ebitda climbs

Pulp and paper producer Sappi says its operations are steadily recovering from the ongoing challenges of the Covid-19 pandemic. For the quarter ended March 31, its earnings before interest, taxes, depreciation and amortisation (Ebitda) continued to improve to $112-million, compared with $98-million in the quarter ended December 31, 2020.

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