|Watch our 'Fourth quarter and full FY18 to end September 2018 financial results' video here.|
Sappi Limited has received 'Prime' status under the ISS-oekom Corporate Rating.
For more information regarding the underlying methodology for this rating, please click here.
FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Sappi Limited has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series.
Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices.
The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.
For more information regarding the FTSE4Good criteria, please click here.
Find out about the strategy behind Sappi’s global 2020Vision and our focus on growing as a profitable and cash-generative diversified woodfibre group.
Here you will find a collection of disclosures and annual and quarterly reports dating back to 2009 in downloadable PDF and Word formats.
Browse Sappi-related stories from the Stock Exchange News Service (SENS) from the Johannesburg Stock Exchange (JSE) Limited.
The principles of responsible corporate citizenship underpin our business decisions, strategies and processes and are incorporated into our everyday operations.
Sappi is committed to high standards of corporate governance which form the foundation for the long-term sustainability of our company and creation of value for shareholders.
Our global activity extends to three continents, selling millions of tons of high quality products to customers all over the world.
Built from proud roots in each of our regions, our history has seen us steadily grow into the global, progressive business we are today.
Find out how we use forward-looking statements, how they should be interpreted, and why.
/ Sappi Limited (JSE: SAP, OTC: SPPJY) will release its Q1 FY19 financial results for the period to end December 2018 on Thursday, 07 February 2019 at 09:00 South African time.
Sappi delivers solid full year and improved fourth quarter results while completing higher margin conversion and dissolving wood pulp debottlenecking projects
/ Commenting on the results, Sappi Chief Executive Officer Steve Binnie said: “I am very satisfied that we have delivered results for the year in line with that of the prior year, notwithstanding the downtime related to the completion of several large strategic growth projects. These projects facilitated a further shift in the product mix of the group towards higher margin and growth segments.”
/ Sappi Chief Executive Officer Steve Binnie, commenting on the group’s performance, said: “Our third quarter operating performance was in line with previous guidance with earnings (EBITDA ex special items) flat at US$155 million compared to a year ago. The third quarter is seasonally and historically our weakest quarter due to the slow-down in business activity during the Northern Hemisphere summer holiday period and Sappi’s choice to use this quarter to undertake major annual maintenance shuts. A strong performance by our European operations was offset by a number of once-off operational and production issues in our South African and North American businesses.”
/ Sappi Limited is pleased to announce its inclusion in the FTSE/JSE Responsible Investment Index Top 30 index