Southern Africa

Code
SA
Steve Binnie JSE
When a company’s CEO is given the honour of blowing the metre-long kudu antelope horn at the Johannesburg Stock Exchange (JSE), it not only signals the ritual opening of the local financial market. It also marks the celebration of success – in this case, Sappi’s re-entry to the JSE Top 40 Index, as well as our 80th year of being listed on the JSE.
Sappi to increase capital expenditure
Pulp and paper company Sappi has said that it was planning to increase its dissolving wood capacity by more than 30 percent in the next four years to extract maximum value from the wood fibre value chain.
Sappi Limited is pleased to announce that it will bolster its biorefining expertise through the acquisition of the Xylex® and Versalac® technologies owned by Plaxica Limited.
FinancialMail CorporateReport
Corporate report. When a plan comes together. Hard work has finally paid off for the company, performance improvement on all counts.
Net profit for the year increased by 91%; debt reduction target achieved early; first dividend declared since 2008.
Our strategy to reposition Sappi as a profitable and cash-generative diversified woodfibre group remains well on track.
Largest U.S.-based paper mill to receive modernized debarking, chipping and chip distribution systems.
Sappi has commissioned the construction of a demonstration plant at Sappi’s Ngodwana Mill in Mpumalanga Province, South Africa.
Sappi Limited (JSE: SAP, OTC: SPPJY) publiera ses résultats financiers du deuxième trimestre de l’exercice financier 2024 à la fin juin 2024 le jeudi 08 août 2024, à 08h00, heure de l'Afrique du Sud. Sappi Limited entre dans sa période de fermeture depuis la clôture des marchés (heure sud-africaine) le 28 juin 2024 jusqu'à la publication du rapport financier (rapport trimestriel) le 08 août 2024. Pendant la période de fermeture, Sappi Limited ne divulgue aucune information sur les activités de la société. Situation financière, perspectives ou situation du marché.

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