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Tag: sappi
Exchange rates, upgrades and material costs affect Sappi Group profits
2015-08-12 23:08:15| Paper - Topix.net
Global paper producer Sappi Group , based in Johannesburg, has released its third quarter financial results, for the quarter ending June 30, 2015. The company posted a profit for the period of US $4 million, compared with profits of US $17 million in the third quarter of 2014.
Tags: group
material
rates
costs
Sappi sells Johannesburg recycled packaging mill to Golden Era Group
2015-07-16 23:12:27| Paper - Topix.net
Sappi Limited headquartered in Johannesburg, has announced it is selling its Cape Kraft recycled packaging paper to South Africa's Golden Era Group. The company had also recently announced the sale of its Enstra mill and recycled packaging business.
Tags: group
era
golden
packaging
Sappi sells mills for R600m
2015-07-14 13:46:08| Paper - Topix.net
Following the sale earlier this month of the Enstra Mill and recycled packaging business, Sappi announced on Tuesday it had sold its Cape Kraft recycled packaging paper mill to Golden Era. The sale to Golden Era, the third largest printing and packaging company in South Africa, came after Sappi received "many expressions of interest" in a closed tender process.
Sappi announced the sale of its Enstra Mill recycled packaging paper business to Corruseal Group
2015-07-03 09:49:01| Paper - Topix.net
Sappi wishes to confirm that it has reached an agreement to sell its Enstra Mill recycled containerboard and kraft papers business situated in Springs near Johannesburg to Corruseal Group. Sappi opened negotiations with Corruseal when it was jointly decided that there was a good fit between Corruseal and Enstra Mill.
Sappi Limited Upgraded to "Buy" at Zacks
2015-05-28 07:00:42| Paper - Topix.net
The firm currently has a $4.25 price target on the stock. Zacks 's price objective would suggest a potential upside of 10.39% from the stock's previous close.
Tags: buy
limited
upgraded
zacks
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