Papierfabrik August Koehler SE to increase prices for carbonless paper

Effective with all new and existing orders with confirmed delivery dates of November 20, 2017 or later, Verso Corporation is increasing the transaction price of all Coated One Side (C1S) sheet and roll products by $2.00/cwt USD/$2.50/cwt CAD. This includes, but is not limited to: Sterling® Ultra C1S; Sterling® Litho C1S; Aspect®; OptiLabel™; UniSil™. The increase applies to all basis weights, bulks, finishes and related private label grades. Should you have any questions, please contact your Verso professional sales representative. Thank you for your continued support.

Executive Summary *Fourth quarter 2021 net sales of $5.0 billion increased 3 percent compared to the year-ago period, including organic sales growth of 3 percent. Full-year 2021 net sales of $19.4 billion increased 2 percent, with organic sales down 1 percent. *Diluted net income per share for the fourth quarter was $1.06 in 2021 and $1.58 in 2020. Full-year diluted net income per share was $5.35 in 2021 and $6.87 in 2020. *Net sales in 2022 are expected to increase 1 to 2 percent, including organic sales growth of 3 to 4 percent. *The company's Board of Directors has approved a 1.8 percent increase in the quarterly dividend, which is the 50th consecutive annual increase in the dividend.

There is serendipity in the fact that Arbor Week and Heritage Day are both celebrated in the month of September, which also heralds the beginning of Spring in South Africa. As the country breathes a tentative sigh of relief as it cautiously reopens the economy under Level 2 of the National COVID-19 Lockdown, there is hope for a reawakening in the human spirit of its people as it celebrates its cultural and natural heritage in many ways. At Sappi Southern Africa, where the company has 166 Important Conservation Areas (ICAs) listed on its forestry plantations in Mpumalanga and KwaZulu-Natal, among them, six declared nature reserves covering an area of 6,486 hectares, there is no doubt that Sappi Southern Africa takes the conservation of biodiversity on its property seriously. This commitment is reinforced by its Threatened and Endangered Species Stewardship Programme, with its flagship Warburgia salutaris project.