Wednesday, February 6, 2013

Sappi Reports Q1 Results

Sappi Results for 1st Quarter in line with Epectations:  
Profit for the period US$17 million (Q1 2012 US$45 million)
EPS 3 US cents (Q1 2012 9 US cents)
Operating profit excluding special items US$73 million (Q1 2012 US$100 million)
Net finance costs of US$42 million (Q1 2012 US$54 million)
Net debt US$2,095 million (Q1 2012 US$2,175 million)