Sappi falls

Comment on this story

Shares of Sappi fall more than 1 percent as the South African paper maker says its third-quarter loss widened by 54 percent to 20 US cents per share and sees market conditions remaining tough.

The global paper industry is struggling to recover from a slump caused by sluggish demand and overcapacity.

Sappi shares are down 1.23 percent at 24.10 rand. - Reuters

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.