|Browse our interactive Q1 FY20 financial results booklet here.|
|Browse our interactive 2019 Sappi Annual Integrated Report here.|
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Browse Sappi-related stories from the Stock Exchange News Service (SENS) from the Johannesburg Stock Exchange (JSE) Limited.
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/ Sappi Limited (JSE: SAP, OTC: SPPJY) will release its Q2 FY20 financial results for the period ended March 2020 on Thursday, 07 May 2020, at 08:00 South African time.
/ Commenting on the result, Sappi Chief Executive Officer Steve Binnie said: “A good performance from the European and North American packaging and specialities segment and satisfactory results from the graphic paper businesses were not enough to offset the significant impact from the unprecedented and markedly lower dissolving wood pulp (DWP) prices."
/ Commenting on the result, Sappi Limited Chief Executive Officer, Steve Binnie said: “An initially strong start to the year was unfortunately offset by weak graphic paper markets and lower dissolving wood pulp (DWP) prices driven by the ongoing trade wars and slower economic growth in various geographies."
/ Sappi Limited, a leading global producer of dissolving wood pulp, specialities and packaging papers, graphic papers and biomaterials, today announced that all conditions precedent relating to the acquisition of the Matane high yield hardwood pulp mill in Quebec Canada from Rayonier Advanced Materials (RYAM) have been fulfilled and closing has been completed.