Southern Africa

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.

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.

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) will release its Q3 FY24 financial results for the period ended June 2024 on Thursday, 08 August 2024, at 08:00 South African time. Sappi Limited enters its closed period from the close of trading (South African time) on 28 June 2024 until the publication of the financial report (quarterly report) on 08 August 2024. During the closed period, Sappi Limited does not disclose information on the company's financial position, outlook or market situation.