Sunday, 29 September 2024
Home Sappi Announces Results for the Third Financial Quarter 2024

The following content is a news release distributed by . The original news release may be found here.

Sappi Announces Results for the Third Financial Quarter 2024

JOHANNESBURG--(BUSINESS WIRE)--Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am pleased the group delivered EBITDA (earnings) more than 40% above the prior year at US$151 million. Despite the third quarter being a seasonally slower period for our business, and the sluggish global economy, our results were in line with our guidance. Underlying profitability, excluding a $30 million impact from scheduled maintenance shuts at Saiccor and Somerset Mills, rem...

Read the full news release here

Related Articles

dy Taff, right, and Brianna Byrd, left, with Sage Geosystems, a startup that aims to make clean electricity, pose while visiting Southwest Research Institute where testing and research is taking place in San Antonio, Monday, April 1, 2024. (AP Photo/Eric Gay)
ClimateFuel

Profiles in clean energy: Former Shell VP helps create a new way of making clean electricity

Cindy Taff, right, and Brianna Byrd, left, with Sage Geosystems, a startup...

Grape-pickers harvests Chardonnay grapes at Domaine Lavantureux vineyards, in Chablis, Burgundy region, France, Wednesday, Sept. 25, 2024. (AP Photo/Aurelien Morissard)
AgricultureClimateEnvironmentIndustryWeather

Climate change and harsh weather in France bring challenges to Chablis wine country

Grape-pickers harvests Chardonnay grapes at Domaine Lavantureux vineyards

U.S. President Joe Biden delivers remarks on climate at the Bloomberg Global Business Forum, on the sidelines of the 79th session of the United National General Assembly (UNGA) in New York City, U.S., September 24, 2024. REUTERS/Elizabeth Frantz/File Photo
EconomyInfrastructureManufacturingPoliticsRegulations

Biden still opposes Nippon Steel deal’s bid for US Steel

Biden says his opposition to Nippon's bid for U.S. Steel hasn't changed...

Login into your Account

Please login to like, dislike or bookmark this article.