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Our global activity extends to three continents, selling millions of tons of high quality products to customers all over the world.
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 Limited (JSE: SAP, OTC: SPPJY) released its financial results for the third fiscal quarter on Thursday, 03 August 2017.
/ Sappi Chief Executive Officer Steve Binnie, commenting on the group’s performance, said: “I am pleased to report that during the past quarter Sappi delivered profits up 81% from a year ago, and reduced debt by a further 17% (US$265 million) year-on-year.”
/ Sappi Limited is pleased to announce that it will bolster its Packaging and Speciality Papers Business through the acquisition of the barrier film technology of Rockwell Solutions Limited.
Sappi continues to deliver solid results driven by strong global dissolving pulp and speciality packaging performance
/ Sappi Chief Executive Officer Steve Binnie, commenting on the group’s performance, said: “I am pleased to report that Sappi continues to deliver solid results on the back of our strategic shift to place more emphasis on dissolving pulp and speciality packaging. Coupled with strong cash generation and cost management initiatives to reduce variable costs we are well positioned to achieve our 2020 targets.”