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Sappi delivers strong first quarter
6 February 2019
Commenting on the result, Sappi Chief Executive Officer Steve Binnie said: “In a difficult operating climate, the resilience of the business and the benefits from the diversification of the product portfolio in recent years were emphasised during the quarter. Profitability was in line with our guidance at the end of the 2018 financial year.”
Due to continued high pulp prices and increasing energy and transportation costs, the longer term economic viability of our paper assets remains at risk.
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