News - Southern Africa

Featured article

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am pleased the Group delivered EBITDA (earnings) more than 40% above the prior year at US$151 million. Despite the third quarter being a seasonally slower period for our business, and the sluggish global economy, our results were in line with our guidance. Underlying profitability, excluding a US$30 million impact from scheduled maintenance shuts at Saiccor and Somerset Mills, remained steady quarter-on-quarter. This is a pleasing performance driven by sustained strong market conditions in the pulp segment, offset somewhat by a muted recovery in paper markets.”
Sappi EcoVadis
Sappi has again achieved the highest platinum level in EcoVadis’ sustainability rating across all three of its manufacturing regions – Europe, North America, and South Africa.
PaperAge
From a single pulp and paper mill producing paper from straw in 1938, Sappi has evolved into a global provider of dissolving pulp, packaging and specialty papers, and graphic papers, as well as biomaterials and biochemicals.

Upcoming Events

Next event

Sappi Limited (JSE: SAP, OTC: SPPJY) will release its Q4 and full FY24 financial results for the period ended September 2024 on Thursday, 07 November 2024, at 08:00 South African time. Sappi Limited enters its closed period from the close of trading (South African time) on 27 September 2024 until the publication of the financial report (quarterly report) on 07 November 2024. During the closed period, Sappi Limited does not disclose information on the company's financial position, outlook or market situation.
For media enquiries:
Tel:
Fax:
About Sappi
Built from proud roots in each of our regions, our history has seen us steadily grow into the global, progressive business we are today.

News in other regions

Learn about the latest news and events at Sappi Europe.

Learn about the latest news and events at Sappi North America.