Sappi delivers solid results in difficult economic climate
Sappi delivers solid results in difficult economic climate Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Within the context of ongoing challenging global macroeconomic conditions and weak paper markets I am pleased that the group delivered EBITDA of US$156 million, which was in line with guidance provided in the prior quarter.” […]
Understanding (and operating) in a weird economy
The economy is weird. We don’t say that lightly: economists and commentators from the New York Times to the Washington Post have used the same word – weird – to describe an environment where inflation is high (double digits, even in some developed economies), interest rates are high, and a global recession appears inevitable. At Dolphin Bay, we are confused by […]
