Feb 05, 2025 / 02:00PM GMT
Stephen Binnie - Sappi Ltd - Chief Executive Officer, Executive Director
Good day, everybody. And thanks for joining us. As always, I'll go through the presentation calling out the page numbers as I move through and I'm going to start on page 3, which is some of the key highlights for the quarter overall. We were pretty pleased with the quarter, a good set of numbers, good start to the year ahead of the expectations, both internally and externally. So, we're obviously pleased with that. Segmentally, the PPE segment delivered another strong performance. We continue to see good demand.
Our mills are fully sold out and we continue to be optimistic about that business going forward, graphics, good quarter, good margins. We did get cost savings. I'll go into more detail on this, but overall, very satisfied packaging was more difficult. But there were some specific unique circumstances there. And once again, I've got a slide on that which I'll go into having said that profitability was better than a year ago. So obviously pleased there.
The other aspect of the results is that, despite the
Q1 2025 Sappi Ltd Earnings Call Transcript
Feb 05, 2025
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