Sappi reports losses for the financial year 2019/2020 due to weak graphic paper and DP businesses

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Sappi Limited joins the ranks of companies whose financial results bear the scars of Covid-19 pandemic. In the financial year 2019/2020 that was concluded on 30 September, consolidated group sales plummeted by 20 per cent to $4.6bn, and operating earnings fell from a $383m profit in the 2018/2019 fiscal year to a loss ...

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