Sappi share price drops after reporting R570m HY loss : vima

Sappi share price drops after reporting R570m HY loss


MONEYWEB
app instead?
Sappi share price drops after reporting R570m HY loss
Q2 results. A major headache has been the scarcity of shipping space and containers, increasing overall costs as well as delays in delivery of product: CEO Steve Binnie.
19:41 
NOMPU SIZIBA: Paper specialist producer Sappi released its second-quarter results today, May 5, 2021. For the three months ended March 2021 it reported overall sales revenue down 2% at US$1.3 billion, with earnings before interest, tax, depreciation and amortisation down 15% at $112 million. The company also reported that its earnings per share, excluding special items for the quarter, was at a loss of 1¢, down from earnings per share of 4¢ in the first quarter – that being the quarter of October through to December, 2020.

Related Keywords

South Africa , United States , Durban , Kwazulu Natal , South African , America , American , Steve Binnie , Sappi , Sappi Group , North American , Unfortunately Europe , Saiccor Mill , North America , ஒன்றுபட்டது மாநிலங்களில் , டர்பன் , க்வஸூல்யூ நேட்டல் , அமெரிக்கா , அமெரிக்கன் , ஸ்டீவ் பின்னி , சாப்பி , சாப்பி குழு , வடக்கு அமெரிக்கன் , வடக்கு அமெரிக்கா ,

© 2025 Vimarsana