Diversified wood fibre manufacturer Sappi says disruptions to shipping routes as a result of conflict in the Middle East is likely to increase logistics costs for the business.

The outlook is set to pile further pressure on the R24.9bn JSE-listed paper and pulp group, which on Wednesday reported a loss for the three months to the end of December as sales volumes across its products came under pressure — a situation worsened by scheduled maintenance shutdowns at some of its mills...

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