Sappi Limited reported earnings results for the second quarter and six months ended March 31, 2026. For the second quarter, the company reported sales was USD 1,334 million compared to USD 1,347 million a year ago. Net loss was USD 413 million compared to USD 20 million a year ago. Basic loss per share from continuing operations was USD 0.68 compared to USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.68 compared to USD 0.03 a year ago.

For the six months, sales was USD 2,621 million compared to USD 2,710 million a year ago. Net loss was USD 450 million compared to net income of USD 50 million a year ago. Basic loss per share from continuing operations was USD 0.74 compared to basic earnings per share from continuing operations of USD 0.08 a year ago. Diluted loss per share from continuing operations was USD 0.74 compared to diluted earnings per share from continuing operations of USD 0.08 a year ago.