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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 maintained its dividend at 15c. Business Day TV unpacked the results in greater detail with company CEO, Steve Binnie.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: Sappi’s annual profit slumps
Business Day TV spoke to Sappi CEO Steve Binnie
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 maintained its dividend at 15c. Business Day TV unpacked the results in greater detail with company CEO, Steve Binnie.
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