🔴 Sappi is trading 6.37% down today after reporting a US$747 million FY2026 net loss

Sappi is trading at ZAc 1,220, down 6.37%, after reporting a US$747 million FY2026 net loss. - The net loss compares with US$177 million a year earlier; adjusted EBITDA fell 41% to US$294 million. - Sappi cited challenging market conditions, a stronger rand and higher input costs as pressures on earnings. - Net debt rose 7% to US$2.05 billion, and the outlook describes continuing cost and market pressures.