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Why Sappi bought speciality paper business in Europe

Why Sappi bought speciality paper business in Europe

19/12/2017 - 13:57
Sappiā€™s acquisition of a speciality paper business in Europe will help the company to reach its target of deriving a quarter of profits from speciality paper by 2020, says CEO Steve Binnie. read more
Sappi buys specialty paper assets for $149m

Sappi buys specialty paper assets for $149m

05/12/2017 - 11:18
Paper and pulp group Sappi said on Tuesday it would acquire speciality paper assets from Cham Paper Group, in a $149m deal that will be settled in cash. read more
Sappi shares wobble after quarterly earnings report

Sappi shares wobble after quarterly earnings report

03/08/2017 - 13:45
Sappi shares wobbled in early trade on the JSE, losing 2%, after the paper and pulp producer forecast lower operating performance in its fourth quarter. It cited higher prices for raw materials and a stronger rand. read more
What is the investment case for Mondi and the resurgent Sappi?

What is the investment case for Mondi and the resurgent Sappi?

26/05/2017 - 12:05
Mondi's market cap has grown fourfold since 2007, largely as a result of its focus on packaging, while Sappi's stock is at a record high.  read more
Sappi cracks it back into JSE top 40 index

Sappi cracks it back into JSE top 40 index

01/12/2016 - 15:54
Paper and pulp producer Sappi has made it back into the top 40 index, marking a roundly successful year in which it paid a dividend for the first time since 2008 after nearly doubling full-year net profit while cutting net debt. read more
Sappi narrows losses sees more cuts

Sappi narrows losses sees more cuts

05/08/2013 - 09:14
Johannesburg - South African paper maker Sappi posted a narrower quarterly loss on Friday, hit again by weak demand in Europe, where it said it plans significant cost cuts over the next three years. read more
Sappi first-quarter earnings tick up

Sappi first-quarter earnings tick up

08/02/2012 - 09:48
South African paper maker Sappi posted a slight rise in first-quarter earnings on Wednesday, lifted by lower input prices and cost cuts, and said it expects earnings to rise in the current three months. read more
Sappi may cut jobs in restructuring

Sappi may cut jobs in restructuring

13/12/2011 - 08:56
Johannesburg - Pulp and paper group Sappi [JSE:SAP] said on Monday the ongoing restructuring within its South African operations might include retrenchments at some of its production plants. read more
Sappi reports loss on slower demand

Sappi reports loss on slower demand

11/11/2011 - 08:36
SAPPI , the global paper, packaging, pulp and chemical cellulose group, says fourth-quarter operating profit for the year ended September, excluding special items of $80m, was 33% higher than for the third quarter , but lower than the $129m for the same quarter last year. read more
Sappi shuts down Swiss mill

Sappi shuts down Swiss mill

20/07/2011 - 14:16
Johannesburg - Paper maker Sappi said on Wednesday it would close its entire Biberist Mill in Switzerland after failing to find a buyer. read more
EU slaps anti-subsidy duties on China

EU slaps anti-subsidy duties on China

16/05/2011 - 12:20
Brussels - The European Union (EU) on Saturday imposed a five-year hike in duties on imports of glossy paper from China, the first EU challenge to Chinese state subsidies and a sign of more to come.  read more
Sappi profit to fall

Sappi profit to fall

04/04/2011 - 00:00
Johannesburg - Pulp and paper group Sappi [JSE:SAP] said on Monday that it expected the group's operating profit in the second quarter of 2011 to fall below that of the first because of seasonal and other factors. read more