|Browse our interactive Q1 FY19 financial results booklet here.|
|Browse our interactive 2018 Sappi Annual Integrated Report 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.
Definitions of terms in investor content from Sappi, the world’s largest manufacturer of dissolving wood pulp and a leader in paper and adjacent markets.
/ Sappi Limited (JSE: SAP, OTC: SPPJY) released its Q1 FY19 financial results for the period to end December 2018 on Wednesday, 06 February 2019 at 08:00 South African time.
/ Commenting on the result, Sappi Chief Executive Officer Steve Binnie said: “In a difficult operating climate, the resilience of the business and the benefits from the diversification of the product portfolio in recent years were emphasised during the quarter. Profitability was in line with our guidance at the end of the 2018 financial year.”
/ 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.”