( Johannesburg:SAP,NYSE:SPP )

News from sappi limited A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle. Articles that appear in this section may be written in English or other languages.

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Mar 31, 2016, 10:53 ET Sappi Announces Completion of Refinancing Transactions

Sappi Limited announced today the closing of the offering of €350 million 4% senior secured notes due 2023 by its subsidiary Sappi Papier...


Feb 10, 2016, 08:00 ET Sappi first quarter profits triple on significantly stronger performance.

Financial summary for the quarter - Profit for the period US$75 million (Q1 2015 US$24 million) - EPS excluding special items 13 US...


Nov 23, 2015, 09:26 ET Sappi concludes sale of Cape Kraft Mill; invests to increase energy self-sufficiency at Tugela and Saiccor Mills

Further to the announcements of March and July 2015 regarding the sale of Sappi's Cape Kraft Mill in Milnerton, Cape Town, Sappi wishes to...


Nov 12, 2015, 08:00 ET Sappi Limited results for the year and fourth quarter ended September 2015. Strong performance with full year earnings per share excluding special items up 55%.

Highlights for the Year - EPS excluding special items 34 US cents (FY14 22 US cents) - EBITDA excluding special items US$625 million...


Aug 07, 2015, 08:00 ET Sappi results for 3rd quarter ended June 2015 highlights impact of exchange rates in seasonally weak quarter

Commenting on the result, Sappi Chief Executive Officer Steve Binnie said: The third quarter is seasonally the weakest for Sappi.  In...


May 14, 2015, 08:03 ET Sappi results for 2nd quarter and half-year ended March 2015 in line with expectations

Highlights for the quarter - Profit for the period US$56 million (Q2 2014 US$32 million) - EPS excluding special items 11 US cents...


Mar 11, 2015, 08:49 ET Sappi to locate ground-breaking nanocellulose pilot plant at Brightlands Chemelot Campus in the Netherlands

  - Sappi to proceed with a pilot-scale plant for low-cost Cellulose NanoFibrils production - Sappi choses Brightlands Chemelot...


Feb 11, 2015, 08:00 ET Sappi results for 1st quarter in line with expectations

Financial summary for the quarter - Profit for the period US$24 million (Q1 2014 US$18 million) - EPS excluding special items 5 US...


Jul 31, 2014, 03:05 ET Sappi results for 3rd quarter ended June 2014 highlights continued year-on-year improvement in performance

Financial Summary for the quarter - Continued year-on-year improvement in quarterly performance - Usutu and Nijmegen Mill...


Jun 17, 2014, 08:32 ET Sappi confirms disposal of Nijmegen Mill

With reference to the announcement made on 30 September 2013 about the future of the Sappi Nijmegen Mill, Sappi wishes to confirm that it has...


May 12, 2014, 03:15 ET Sappi results for 2nd quarter and half-year ended March 2014 reflect significantly improved performance

Financial summary for the quarter - Strong cash flow generation - Good performance from South African business - Profit...


Mar 17, 2014, 04:22 ET Sappi announces Glen Pearce to succeed Steve Binnie as Chief Financial Officer

 Sappi Limited is pleased to announce that Glen Pearce, currently the Chief Financial Officer of Sappi Europe SA, will be appointed as Chief...


Feb 10, 2014, 02:03 ET Steve Binnie appointed as Chief Executive Officer ("CEO") effective 01 July 2014

 The board of directors ("the board") of Sappi Limited is pleased to have announced today that Steve Binnie, currently the Chief Financial...


Feb 05, 2014, 10:56 ET Sappi's Annual General Meeting Held

Sappi's Annual General Meeting was held in Johannesburg this afternoon (05 February 2014) and all resolutions as proposed at the meeting...


Feb 05, 2014, 01:18 ET Sappi results for 1st quarter in line with expectations.

Financial summary for the quarter - Profit for the period US$18 million (Q1 2013 US$12 million) - EPS excluding special items 2 US...


Jan 15, 2014, 02:07 ET Chief Executive Officer to step down due to ill-health

 It is with deep regret that the board of directors ("the board") of Sappi Limited today announced that the CEO of the company, Ralph Boettger,...


Dec 13, 2013, 10:47 ET Integrated Report 2013, "No Change" Statement And Notice Of AGM

 Shareholders are informed that the integrated report for the year ended September 2013 will be dispatched to shareholders commencing on 13...


Nov 07, 2013, 06:13 ET Sappi Fine Paper Europe invests for cost leadership

 Sappi Fine Paper Europe has confirmed investment plans over the next three years amounting to approximately €120 million for its two...


Nov 07, 2013, 02:10 ET Sappi Limited results for the fourth quarter and year ended September 2013. Strategic initiatives successfully completed and commissioned

Summary - Dissolving wood pulp and speciality paper conversions commissioned and running well - Operating profit excluding special...


Sep 30, 2013, 11:26 ET Sappi Limited Confirms Delisting From The New York Stock Exchange

 Following its 9 September 2013 announcement of its intention to delist its American Depositary shares ("ADSs"), which are evidenced by...


Sep 30, 2013, 08:17 ET Sappi Fine Paper Europe begins consultations regarding the future of its Nijmegen Mill in the Netherlands. Action required in response to market conditions and sustained increase in input costs

 As a result of the continued market decline and consequent overcapacity in the European coated paper markets, combined with high raw...


Sep 09, 2013, 08:31 ET Sappi Limited Announces Its Intention To Voluntarily Delist From The New York Stock Exchange

 Sappi Limited ("Sappi" or the "Company") (NYSE: SPP) announces its intention to voluntarily delist its American Depositary Shares ("ADSs"),...


Aug 02, 2013, 02:02 ET Sappi results for 3rd quarter ended June 2013 highlights continued tough market conditions

Summary for the quarter - Successful start-up of both dissolving wood pulp projects - Operating profit excluding special items US$8...


May 09, 2013, 02:34 ET Sappi results for 2nd quarter ended March 2013 reflect mixed markets

Summary for the quarter - European business impacted by lower prices and higher pulp costs - Specialised Cellulose projects on...


Feb 27, 2013, 08:47 ET Robert (Bob) DeKoch to join Sappi Limited board

 Sappi Limited (NYSE: SPP, JSE: SAP), the global pulp and paper group, announced today that Mr Robert (Bob) J DeKoch will join the board as an...