QUOTE AND NEWS
Reuters  May 10  Comment 
South African paper maker Sappi posted healthy second-quarter earnings on Thursday, benefiting from aggressive cost cuts and a solid chemical cellulose business.
PR Newswire  May 10  Comment 
JOHANNESBURG, May 10, 2012 /PRNewswire/ -- -- Profit for the period US$58 million (Q2 2011 loss US$74 million) -- EPS 11 US cents (Q2 2011 loss per share 14 US cents) -- Net cash generated US$91 million (Q2 2011 US$100 million) -- Net debt US$2,133
Reuters  Feb 8  Comment 
South African paper maker Sappi posted a slight rise in first-quarter earnings on Wednesday, lifted by lower input prices and aggressive cost cuts, and said it expected more improvement ahead.
StreetInsider.com  Jan 17  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Management+Changes/Sappi+%28SPP%29+CFO+Thompson+to+Retire%2C+Edcon%27s+Binnie+to+Assume+Role/7084300.html for the full story.
Reuters  Nov 10  Comment 
South African paper maker Sappi Ltd fell to a loss in the fourth quarter, hurt by continued weak demand, and said it would lift its chemical cellulose output which it sees as a more lucrative business.
Reuters  Nov 10  Comment 
Paper maker Sappi fell to a fourth-quarter loss on Thursday, hurt by continued weak demand from the slowdown in the global economy and said market conditions remained uncertain.
StreetInsider.com  Oct 7  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Sappi+%28SPP%29+Announces+Strategy+Update%3B+Will+Focus+in+Four+New+Areas%3B+Restructure+South+Africa+Biz/6841928.html for the full story.
Reuters  Oct 7  Comment 
South African paper maker Sappi Ltd said on Friday it will slash jobs and restructure its operations to rein in costs and focus on higher margin businesses, sending its shares sharply higher.
Bloomberg  Aug 4  Comment 
Sappi Ltd., the world’s largest maker of glossy paper, dropped the most in more than two years after reporting an unexpected loss in the fiscal third quarter.




 
TOP CONTRIBUTORS

Formed in 1936 and headquartered in Johannesburg, South Africa, Sappi Limited (SPP) has grown through a series of strategic acquisitions to become a global manufacturer of fine paper, coated specialty paper, and pulp. The company's manufacturing operations span nine countries across four continents with over 15,000 employees serving customers in more than 100 countries. It has operations in South Africa and products are sold in both domestic and export markets. Sappi has a diverse clientele, with sales coming from Europe, North America, South Africa, Asia, and elsewhere. The company organizes its business into two segments: fine paper (over 80% of sales) and forest products.

The fine paper segment makes coated and uncoated fine paper and specialty paper. Operations are carried out in North America, Europe, and South Africa.

The forest products segment makes commodity paper products such as newsprint, packaging paper and pulp, as well as forest and timber products such as pulpwood, saw logs, and sawn timber. This business is also the world's largest producer of chemical cellulose (dissolving pulp).




References

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