Adjusted earnings before tax, depreciation and amortization (EBITDA) in the third quarter was $38.8 million and adjusted EBITDA before specific items was $39.4 million compared to adjusted EBITDA of negative $19.2 million and adjusted EBITDA before specific items of $9.7 million in the second quarter of 2015. In the third quarter, the company recorded a net loss of $12.9 million (primarily due to a foreign exchange loss on the translation of U.S. denominated debt) and net earnings of $6.6 million before specific items.
Sappi North America announces a transactional price increase of 3.5% to 5% on new and unconfirmed orders that book with a confirmed delivery date on or after Monday, January 4, 2021 on the following products: • McCoy Web • Opus Web • Somerset Web • Flo Web
The increase applies to all weights and all finishes. Standard differentials and upcharges apply. This price increase includes all private label programs.