Suzano, International Paper, Klabin and Sappi have been highlighted in this Industry Outlook article.
The Zacks Paper and Related Products industry's prospects look upbeat, backed by strong demand on a rise in e-commerce and growing interest in sustainable packaging solutions. Stocks like SUZ, IP, KLBAY and SPPJY are well-poised to gain from these trends.
Brazilian pulp and paper company Klabin reported a fourth-quarter net profit of 370 million reais ($74.55 million) on Wednesday, down 53% on the same period a year earlier. The company reported a 12% decline in adjusted earnings before interest, tax, depreciation and amortization to 1.68 billion reais. Analysts polled by LSEG expected Klabin's quarterly net income to hit 612 million reais.