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Sappi: Profit increase cheers share price

2014-11-11 08:37:39| Paper - Topix.net

SAPPI, the world's biggest producer of dissolving wood pulp, climbed the most in more than four months after returning to profit amid an increase in sales and reduction of debt. The stock advanced as much as 5.9 percent, the most on an intraday basis since July 8, in Johannesburg yesterday.

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