Total European shipments of graphic papers were down 0.3% in April '18 vs. April '17 and are down 3.5% year-to-date. Total European shipments of newsprint were down 7.0% in April '18 vs. April '17 and are down 7.8% year-to-date. Total European shipments of sc-magazine were down 1.2% in April '18 vs. April '17 and are down 8.1% year-to-date. Total European shipments of coated mechanical reels were UP 6.8% in April '18 vs. April '17 and are UP 2.9% year-to-date. Total European shipments of uncoated mechanical (improved & others) were UP 7.3% in April '18 vs. April '17 and are UP 7.1% year-to-date. Total European shipments of coated woodfree were down 2.9% in April '18 vs. April '17 and are down 5.8% year-to-date. Total European shipments of uncoated woodfree were UP 1.3% in April '18 vs. April '17 and are down 3.0% year-to-date. Click Read More below for additional information.

Q3/2021 (year-on-year) •Sales increased by 23.9% to EUR 2 577 (2 079) million due to higher prices and deliveries. •Operational EBIT increased to EUR 410 (175) million, driven by higher volumes and prices, especially in Biomaterials, Wood Products and Packaging Materials. •Operational EBIT margin increased to 15.9% (8.4%). •Operating profit (IFRS) increased to EUR 386 (145) million. •Strong cash flow from operations amounted to EUR 485 (399) million. Cash flow after investing activities was EUR 347 (250) million. •Operational ROCE excluding the Forest division increased to 20.0% (7.8%), and was clearly above the long-term target of more than 13%. Q1–Q3/2021 (year-on-year) •Sales were EUR 7 445 (6 400) million. •Operational EBIT more than doubled to EUR 1 102 (532) million.

Sappi has entered into a Water Stewardship agreement with WWF-SA (World Wide Fund for Nature South Africa), aimed at improving the water security in the uMkhomazi catchment area. With its significant manufacturing and forestry footprint in this catchment area, which forms part of the Southern Drakensberg Strategic Water Source Area in KwaZulu-Natal, it makes sense for Sappi to focus its collaborative efforts here, where its Saiccor Mill and 42,000 ha of its forestry land is situated. The catchment also serves commercial farmers, subsistence farmers and domestic users in dispersed settlements across the area, but with it being underdeveloped, faces extensive development changes soon. To meet the future needs of all users, sufficient water at an acceptable level of assurance and quality must be secured. Sappi believes that this can only be achieved through multi-stakeholder collaboration across the landscape. To help coordinate and facilitate the approach, Sappi has launched a two-year project with WWF to engage local communities, civil organisations, leadership and regulatory authorities in dialogue and cooperation focused on water stewardship. This collaborative approach is an extension of an innovative structure, known as the Integrated Community Forum (ICF), which Sappi introduced and uses to engage with local adjacent communities.