South Africa's Sappi Q1 earnings rise marginally - CNBC Africa

South Africa's Sappi Q1 earnings rise marginally

Earnings

by Reuters 0

Sappi's first quarter earnings were slightly higher than the previous year. PHOTO: w3logistics

[DATA SAP:Sappi] is expecting its full year performance to be steady.

(WATCH VIDEO: Sappi discovers low-cost process to make nanocellulose)

Sappi, the world's largest maker of the fine paper used in glossy magazines, said basic earnings per share for the quarter to end-December were 5 U.S cents, from 3 U.S. cents a year ago.

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