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Sappi expects improved market conditions

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Published in issue 7/2005
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South African paper group Sappi Ltd recorded a slight increase in both sales and profits in the first quarter of its 2004/2005 financial year. Between October and December 2004, its sales rose by 12% to US$1.25bn (US$1.12bn). Its operating result and EBITDA totalled US$4m (US$0m) and US$129m (US$114m), respectively. ...

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