Sappi shares surge on positive outlook
07 November 2024 - 09:34
UPDATED 07 November 2024 - 19:09
Shares in pulp and paper producer Sappi reported a strong final quarter, with the group expecting its 2025 financial year first-quarter performance to be even better.
The group’s share price rose 11% on Thursday, despite reporting sharply lower profit for the full year, amid a subdued macroeconomic environment and paper market...
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