Sector: Basic Materials
The company is available at Interactive Brokers
Sappi (JSE:SAP) is a global diversified woodfibre company focused on providing dissolving pulp, packaging and speciality papers, graphic papers, as well as biomaterials and biochemicals to its direct and indirect customer base across more than 150 countries.
Sappi has over 12,800 employees in over 35 countries and manufacturing operations on three continents (ten production facilities in Western Europe, four in North America and five in Southern Africa) which produce approximately:
Semi-Annual values ($m)
Change (y/y)
FCF ($m)
Net Debt / Cash and Equivalents ($m)
EV / EBITDA
Potential dynamics
Riots that ensued after former President Jacob Zuma was jailed appeared to be easing following the deployment of additional soldiers to help the police restore stability, according to the government.
2021-07-15 06:37 +02:00Bitcoin has topped $18 000 for the first time since just after the burst of the cryptocurrency bubble almost three years ago with many market watchers now expecting it to reach a record high soon.
2020-11-18 05:27 +02:00South Africa’s economy could contract by between 2% and 4% this year due to the coronavirus pandemic and measures to curb its spread, according to the Reserve Bank.
2020-04-06 05:10 +02:00South Africa’s economy contracted for a second quarter this year in the three months to September as farming, mining and factory output slumped. The rand extended its decline against the dollar.
2019-12-03 10:21 +02:00Apple is planning to bring 5G to the iPhone next spring, more than a year behind some rivals. The company can ill afford to let the timing slip.
2019-10-15 11:32 +02:00Wales coach Wayne Pivac says no-one should write off his team`s chances in their three test tour of South Africa, but concedes facing the bruising Springboks on the energy-sapping Highveld represents the "ultimate challenge" in world rugby right now.
2022-06-21DURBAN (Reuters) -A devastating flood in South Africa`s eastern coastal province earlier this week has left at least 341 people dead, the government said on Thursday, as rescuers continued to hunt for missing people amid forecasts of yet more rains from Friday.
2022-04-14Residents of South Africa`s coastal province of KwaZulu-Natal were picking up the pieces on Thursday after one of the worst floods in recent history ravaged the area, killing more than 300 people and displacing hundreds.
2022-04-14JOHANNESBURG (Reuters) -South African President Cyril Ramaphosa pledged on Wednesday to help the victims of devastating east coast floods, as the death toll rose to 306 from heavy rains that washed out roads and disrupted shipping in one of Africa`s busiest ports.
2022-04-13South African President Cyril Ramaphosa pledged on Wednesday to help the victims of devastating east coast floods, as the death toll rose to 306 from heavy rains that washed out roads and disrupted shipping in one of Africa`s busiest ports.
2022-04-13South Africa`s economic woes are being compounded by the theft of massive amounts of copper from state firms Eskom and Transnet, much of which is smuggled overseas, costing the country billions of rand a year, according to market sources.
2021-10-15South African stocks fell on Thursday, led by mining companies as gold fell to test the pivotal $1,800 support level after hawkish comments from a key Federal Reserve official raised early tapering bets.
2021-08-05South Africa`s struggling state power utility Eskom offered on Monday to buy surplus electricity from existing generating plants, an indication it thinks it will continue to struggle to meet demand on its own in the short term.
2020-03-23South African President Cyril Ramaphosa secured around 360 billion rand ($24 billion) of investment pledges from businesses on Wednesday, saying these would spur economic growth and reduce unemployment.
2019-11-06* Analysts say some pledges just operating costs (Updates after more investment pledges)
2019-11-06South African President Cyril Ramaphosa secured about 200 billion rand ($13.5 billion) of investment pledges, mainly from domestic companies, on Wednesday as part of his drive to boost flagging economic growth.
2019-11-06South African paper and pulp maker Sappi said on Thursday its Canadian division was buying Matane hardwood pulp mill in Canada to increase pulp integration and cut costs after reporting a 84% decline in profit for the third quarter.
2019-08-01South Africa`s rand gave up its earlier gains on Thursday as another round of risk selling in global markets fuelled by the U.S.-China trade talks outweighed local election positives.
2019-05-09South Africa`s rand fell on Wednesday, in line with broad weakness in emerging market currencies, as the dollar settled near a two-week high after U.S. President Donald Trump`s State of the Union speech failed to surprise currency traders.
2019-02-06South Africa`s rand eased on Monday as the dollar neared a two-week high, while Naspers boosted stocks on expectations of positive news about the spin-off of its pay-TV business, which duly emerged after the market close.
2019-01-21South 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.
2018-11-15