Cost cuts and a focus shift to higher margin products has put the pulp and paper producer on track to performing better than it has in five years.

Sappi, the world’s biggest maker of fine paper, increased second-quarter basic earnings per share to 68 United States cents from 25 US cents a year ago, the company said on…

Papermaker Sappi on Thursday posted full-year basic earnings per share of 89 United States cents after a loss in the previous comparable period, citing improved margins and…