​Latest financial results

Sappi Limited (JSE: SAP, OTC: SPPJY) released its results for the first fiscal quarter ended December 2017 on Wednesday, 07 February 2018 at 08:00 (South African time).

Among the highlights were:

Financial summary for the first quarter to end December 2017

  • EBITDA excluding special items:
    • For the quarter US$172 million (Q1 FY17 like-for-like US$181 million)
  • Profit for the period:
    • For the quarter US$63 million (Q1 FY17 US$90 million)
  • EPS excluding special items:
    • For the quarter 14 US cents (Q1 FY17 16 US cents)
  • Net debt US$1,349 million (Q1 FY17 US$1,338 million)

“Sappi has delivered another strong set of results with profits up 6% year-on-year. I am very pleased with the growth of the dissolving wood pulp (DWP) and speciality packaging businesses. Furthermore our initiatives to reduce variable costs and the benefits of lower interest charges were able to help mitigate higher paper pulp prices and a stronger Rand/Dollar exchange rate during the reporting period.”
Steve Binnie, Chief Executive Officer, Sappi Limited

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

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 Binne, Chief Executive Officer, Sappi Limited
Q1 FY18 Financial results booklet (Interactive)
Click the link above to browse the interactive version of our Q1 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.
Contact
Robert V Rosenthal
Investor Relations Manager
255 State Street
Boston, Massachusetts 02109
United States of America
Tel:
+1 617 423 5413
Fax:
+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.