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Sappi Ltd (SAPJ.J)

SAPJ.J on Johannesburg Stock Exchange

7,711.00ZAc
7 Dec 2018
Change (% chg)

-27.00 (-0.35%)
Prev Close
7,738.00
Open
7,626.00
Day's High
7,892.00
Day's Low
7,452.00
Volume
1,685,857
Avg. Vol
2,295,132
52-wk High
10,579.00
52-wk Low
7,180.00

Latest Key Developments (Source: Significant Developments)

Sappi Says ‍Proposed Acquisition Of Speciality Paper Business Of Cham Paper Group Holding
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Sappi Ltd ::‍PROPOSED ACQUISITION BY SAPPI OF SPECIALITY PAPER BUSINESS OF CHAM PAPER GROUP HOLDING AG​.SAPPI - ‍REACHED AGREEMENT WITH CPG, CO WILL PURCHASE SPECIALITY PAPER BUSINESS ASSETS FROM CPG CONSISTING OF TWO MILLS IN ITALY AND DIGITAL IMAGING BUSINESS IN SWITZERLAND.‍ACQUISITON IS FOR CONSIDERATION OF CHF146.5 MILLION (APPROXIMATELY US$149 MILLION)​.‍CLOSING DATE OF ACQUISITION IS EXPECTED DURING Q1 2018​.  Full Article

Sappi Ltd posts FY profit of $338 million
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - SAPPI LTD ::FY 2017 ‍EBITDA EXCLUDING SPECIAL ITEMS US$785 MILLION (FY16 US$739 MILLION)​.‍FY PROFIT US$338 MILLION (FY16 US$319 MILLION)​.‍FY 2017 EPS EXCLUDING SPECIAL ITEMS 64 US CENTS (FY16 57 US CENTS)​.FY ‍NET DEBT US$1,322 MILLION, DOWN US$86 MILLION YEAR-ON-YEAR​.‍DIVIDEND OF 15 US CENTS DECLARED​.  Full Article

UPDATE 1-South Africa's Sappi takes short term pain for long term gain

JOHANNESBURG, Nov 15 South African paper and pulp maker Sappi said on Thursday that its profit for the full year fell 4.4 percent as it ramped up investment to modernise plants and shift production to more profitable products.