by Sean Ungerer | Apr 12, 2024 | Forestry and Paper
Finnish mills can now resume production, following the end of the strike on 8 April (initially launched on 11 March): The mills can be restarted when raw material is again available and shipments from the ports to customers begin. Pulp prices continued to increase...
by Sean Ungerer | Mar 15, 2024 | Forestry and Paper
The increase in pulp prices by 3-4% in Europe contrasts with the stable prices observed in China: Arauco expressed concerns about the Chinese market during its recent results, noting uncertainties regarding both demand and the overall economic situation. The upcoming...
by Sean Ungerer | Mar 1, 2024 | Forestry and Paper
February price update: Pulp producers experienced a positive trend with prices rising by 6-8% in Europe and 4% in the US, although prices in China slightly decreased, with hardwood DP edging up by 2%. Conversely, graphic paper prices faced pressure, with most grades...
by Sean Ungerer | Feb 21, 2024 | Forestry and Paper
Mondi is set to report its H2 23e results on February 22nd: We anticipate a full-year EBITDA of €1,157mn, with a projected Q4 23e EBITDA of €209m (or €194mn excluding the forestry fair value gain). This performance is expected to drive underlying EPS to €1.05/share...
by Sean Ungerer | Feb 7, 2024 | Forestry and Paper
Sappi released Q1 24A results this morning: EBITDA was lower q-o-q, in line with guidance due to the impact of planned shuts ($45mn, ahead of the $40m guidance). Reported EBITDA came in at $156mn, with EPS of $0.08/share (excluding special items). Adjusting reported...
by Sean Ungerer | Feb 7, 2024 | Forestry and Paper
Sappi Q1 24E results tomorrow: Sappi will release Q1 24E results tomorrow at 8am, with a conference call at 4pm (Register for conference call or Register for the webcast). Sappi will also host its AGM tomorrow at 2pm (Download ESG report). Q1 24E earnings guidance:...
