Listen! Sappi posts lower annual profit

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Recorded09 Nov 2023

Publisherrss.iono.fm ↗

Handlerec:3014523

Show notes

Tough trading conditions and an underwhelming Chinese recovery have weighed on Sappi. In this environment the paper and packaging group posted a near 62% decline in headline earnings per share but its maintained its dividend at 15 cents. Business Day TV unpacked the results in greater detail with company's CEO, Steve Binnie.

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