)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Sappi (SAP) investor relations material
Sappi Partnership summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Partnership summary4 Dec, 2025
Opening remarks and agenda
Special investor call convened to discuss the proposed 50/50 joint venture between Sappi and UPM in the European graphic paper sector, with presentations and a Q&A session for participants.
Announcement of a non-binding letter of intent to form the joint venture, aiming to sign definitive agreements in the first half of 2026 and close by year-end 2026.
Objectives of the partnership
Establish a 50/50 joint venture to combine European graphic paper businesses, optimize assets, and create a complementary portfolio as an independent company.
Target at least €100 million in annual synergies, reduce debt, and increase profits for shareholders.
Address structural changes in the industry, reduce direct exposure to the declining graphic paper market, and reposition portfolios toward higher-growth segments.
Secure long-term viability, competitiveness, and resilience for the European graphic paper industry.
Partner introductions and roles
Both Sappi and UPM will contribute specific mills and assets, each holding a 50% share in the joint venture.
Sappi will contribute four mills, including Kirkniemi, Ehingen, Maastricht, and Gratkorn, plus wood supply joint ventures.
UPM will contribute eight communication paper mills across Finland, Germany, the UK, the USA, and other European locations.
Both companies will provide operational and administrative support during the transition phase.
How will €100M annual synergies be achieved?
What are Sappi's new growth segments?
How will JV's 'excess cash' be defined?
Justify antitrust approval confidence.
Explain post-JV net debt-to-EBITDA ratio.
How to minimize asset write-downs from JV?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Sappi earnings date
Q1 20264 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Sappi Limited is a global leader proider materials derived from woodfiber-based renewable resources. The company stands out for its commitment to sustainable processes and innovation, aiming to foster a more circular economy. Sappi's diverse product portfolio includes dissolving pulp, graphic papers, packaging and specialty papers, casting and release papers, market pulp, biomaterials, and bio-energy. These products are in large part manufactured from woodfibre sourced from sustainably managed forests and plantations. The company is headquartered in Johannesburg, South Africa, and its shares are listed on the OTC Markets under the symbol SPPJY.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage