Browse our interactive Q3 FY18 financial results booklet here.
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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. |
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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. |
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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.
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Built from proud roots in each of our regions, our history has seen us steadily grow into the global, progressive business we are today.
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Sappi Q4 FY18 financial result
/ Sappi Limited (JSE: SAP, OTC: SPPJY) will release its fourth quarter and full year results for the period to end September 2018 on Thursday, 15 November 2018 at 09:00 South African time.
Sappi delivers solid profit during third quarter while concluding key expansion projects
/ 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 included in the FTSE/JSE Responsible Investment Index Top 30 index and FTSE4Good Index Series
/ Sappi Limited is pleased to announce its inclusion in the FTSE/JSE Responsible Investment Index Top 30 index
Sappi commits to significant investment programme in KwaZulu Natal economy
/ The investments include a R2,7 billion capacity expansion project and a planned R5 billion over five years in various continuous improvement initiatives and upgrade projects.