Sappi limited private company information – bloomberg gas x coupon 2015

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Sappi Limited, a woodfibre company, manufactures and sells dissolving wood pulp, paper pulp, and paper-based solutions to direct and indirect customers in North America, Europe, and Southern Africa. It offers graphic paper products that are used by printers in the production of books, brochures, magazines, catalogues, direct mail, newspapers, and other print applications; and packaging and specialty papers, which are used in the manufacture of soup sachets, luxury carry bags, cosmetic and confectionery packaging, boxes for agricultural products for export, and tissue wadding for household tissue products, as well as casting and release papers for fashion, textiles, automobile, and household …

Sappi Limited, a woodfibre company, manufactures and sells dissolving wood pulp, paper pulp, and paper-based solutions to direct and indirect customers in North America, Europe, and Southern Africa. It offers graphic paper products that are used by printers in the production of books, brochures, magazines, catalogues, direct mail, newspapers, and other print applications; and packaging and specialty papers, which are used in the manufacture of soup sachets, luxury carry bags, cosmetic and confectionery packaging, boxes for agricultural products for export, and tissue wadding for household tissue products, as well as casting and release papers for fashion, textiles, automobile, and household industries. The company also provides dissolving wood pulp products that are used by converters to create viscose fibre for fashionable clothing and textiles, and pharmaceutical products, as well as a range of consumer and household products. In addition, it develops and processes biomaterials and biochemicals; and offers sawn timber for construction and furniture manufacturing purposes. Further, Sappi Limited produces and sells green electricity through a network of 5 hydro, 2 gas, and 31 steam turbines that generate approximately 800MW renewable power on 14 sites across 7 countries, as well as produces biogas. The company was formerly known as South African Pulp and Paper Industries Limited and changed its name to Sappi Limited in 1973. Sappi Limited was founded in 1936 and is headquartered in Johannesburg, South Africa.

Sappi Limited reported group earnings results for the second quarter and half year ended March 2018. For the quarter, the company reported EBITDA excluding special items of USD 211 million against USD 208 million a year ago. Profit for the period was USD 102 million or 19 cents per basic and diluted share against USD 88 million or 16 cents per basic and diluted share a year ago. Net debt was USD 1,632 million. Sales were USD 1,496 million against USD 1,316 million a year ago. Operating profit was USD 154 million against USD 142 million a year ago. Profit before taxation was USD 133 million against USD 118 million a year ago. Cash generated from operating activities was USD 13 million against USD 62 million a year ago. Capital expenditure was USD 119 million against USD 45 million a year ago.

For the half year, the company reported sales of USD 2,826 million against USD 2,625 million a year ago. Operating profit was USD 270 million against USD 285 million a year ago. Profit before taxation was USD 234 million against USD 236 million a year ago. Profit for the period was USD 165 million or 30 cents per basic and diluted share against USD 178 million or 33 cents per basic and diluted share a year ago. Cash generated from operations was USD 92 million against USD 116 million a year ago. Capital expenditure was USD 207 million against USD 82 million a year ago. EBITDA excluding special items was USD 383 million against USD 409 million a year ago.