​Latest financial results

Sappi Limited (JSE: SAP, OTC: SPPJY) released its third quarter results for the period ended June 2018 on Monday, 13 August 2018 at 09:00 (South African time).

Financial summary for the quarter to end June 2018:

  • Profit for the period US$51 million (Q3 2017 US$58 million).
  • Net debt US$1,603 million, down US$29 million on the prior quarter.
  • EPS excluding special items 10 US cents (Q3 2017 11 US cents).

“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.”
Steve Binnie, Chief Executive Officer, Sappi Limited

You can download and view all of the latest results below, alongside our 2017 Annual Integrated Report.

Q3 FY18 Financial results booklet (Interactive)
Click the link above to browse the interactive version of our Q3 FY18 financial results booklet.
Conference call dial-in details
Find dial-in numbers and registration link for the conference call hosted by our CEO, Steve Binnie.
2017 interactive Annual Integrated Report
Click on the heading to browse our 2017 interactive Annual Integrated Report.
Each of our regions improved its operating performance and cash generation exceeded our own goals, as a result, we now have greater flexibility to increase investments in strategic growth.
Steve Binnie, Chief Executive Officer, Sappi Limited
Contact
Robert V Rosenthal
Investor Relations Manager
255 State Street
Boston, Massachusetts 02109
United States of America
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+1 617 423 5413
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+1 617 423 5494
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View Sappi’s quarterly financial statements, formatted as webcasts, presentations, booklets and debt updates.

Read our 2017 annual reports to find out about a year that delivered significantly increased earnings for Sappi.

Sappi makes regular filings to the US Securities and Exchange Commission, all of which can be found in this feed.