Company Sappi Limited

Equities

SAP

ZAE000006284

Paper Products

End-of-day quote Johannesburg S.E. 07:00:00 2024-03-27 pm EDT 5-day change 1st Jan Change
50.29 ZAR +0.80% Intraday chart for Sappi Limited -0.69% +13.78%

Business Summary

Sappi Limited specializes in the production and marketing of papers for the printing, stationery and textile sectors. Net sales (including intragroup) break down by family of products as follows:

- coated and uncoated graphic printing papers (53.5%);

- packaging and specialty papers (28.4%);

- dissolving pulp (17%);

- forest products (1.1%).

At the end of September 2022, the group operated 19 production sites in South Africa (5), Europe (10) and North America (4).

Net sales are distributed geographically as follows: South Africa (19.2%), Europe (51.2%) and North America (29.6%)

Number of employees: 12,074

Sales per Business

ZAR in Million2022Weight2023Weight Delta
Graphic Papers
48.1 %
62,937 54.5 % 50,799 48.1 % -19.29%
Packaging and Speciality Papers
30.2 %
33,360 28.9 % 31,908 30.2 % -4.35%
Pulp
22.3 %
19,950 17.3 % 23,563 22.3 % +18.11%
Reconciling Items
-2.0 %
-2,122 -1.8 % -2,109 -2.0 % -0.59%
Forestry
1.4 %
1,393 1.2 % 1,455 1.4 % +4.39%

Sales per region

ZAR in Million2022Weight2023Weight Delta
Europe
45.1 %
60,213 52.1 % 47,672 45.1 % -20.83%
North America
31.2 %
34,833 30.2 % 32,908 31.2 % -5.53%
Southern Africa
25.7 %
22,594 19.6 % 27,145 25.7 % +20.14%
Unallocated and Eliminations
-2.0 %
-2,122 -1.8 % -2,109 -2.0 % -0.59%

Managers

Managers TitleAgeSince
Chief Executive Officer 56 12-07-08
Director of Finance/CFO 60 97-05-31
Chief Tech/Sci/R&D Officer 53 98-12-31
Chief Tech/Sci/R&D Officer 63 90-10-31
Investor Relations Contact 48 00-12-31
Treasurer 62 99-07-31
Corporate Officer/Principal 53 92-12-31
General Counsel 50 11-11-30
Human Resources Officer 59 15-02-28
Comptroller/Controller/Auditor 59 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 70 15-09-30
Chief Executive Officer 56 12-07-08
Director/Board Member 64 19-02-28
Director/Board Member 66 10-07-31
Director/Board Member 66 22-10-02
Chairman 60 22-10-02
Director/Board Member 65 11-08-31
Director/Board Member 50 17-02-28
Director/Board Member 45 18-09-30
Director of Finance/CFO 60 97-05-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 602,291,463 474,849,339 ( 78.84 %) 3,913,297 ( 0.6497 %) 78.84 %

Shareholders

NameEquities%Valuation
Allan Gray (Pty) Ltd.
21.73 %
122,263,962 21.73 % 294 M R
Public Investment Corporation (SOC) Ltd.
20.01 %
112,608,752 20.01 % 271 M R
M&G Investment Managers (Pty) Ltd.
4.987 %
28,065,141 4.987 % 68 M R
Truffle Asset Management (Pty) Ltd.
1.002 %
5,640,278 1.002 % 14 M R
Old Mutual Asset Managers (Bermuda) Ltd.
0.8617 %
4,849,559 0.8617 % 12 M R
STANLIB Multi-Manager (Pty) Ltd.
0.8434 %
4,746,406 0.8434 % 11 M R
3,913,297 0.6954 % 9 M R
Sanlam Investment Management (Pty) Ltd.
0.6515 %
3,666,505 0.6515 % 9 M R
Cadiz Asset Management (Pty) Ltd.
0.6427 %
3,616,858 0.6427 % 9 M R
Momentum Outcome-based Solutions (Pty) Ltd.
0.4597 %
2,587,216 0.4597 % 6 M R
NameEquities%Valuation
Swedbank Robur Fonder AB
0.0610 %
343,400 0.0610 % 826 564 R
Goldman Sachs Advisors BV
0.009898 %
55,700 0.009898 % 134 070 R
Arca Holding SpA
0.008885 %
50,000 0.008885 % 120 350 R
Merrill Lynch Investment Managers, Inc.
0.006521 %
36,700 0.006521 % 88 337 R
ABN AMRO Bank NV (Belgium)
0.003554 %
20,000 0.003554 % 48 140 R
PIMCO Allianz International Advisors LLC
0.000151 %
850 0.000151 % 2 046 R
Bancaja Fondos SGIIC SA
0.000099 %
559 0.000099 % 1 346 R
Zweig Advisers LLC
0.000081 %
457 0.000081 % 1 100 R
Nicholas-Applegate Capital Management
0.000071 %
400 0.000071 % 963 R

Holdings

NameEquities%Valuation
3,913,297 0.70% 9,418,210 $

Company contact information

Sappi Ltd.

108 Oxford Road Rosebank

2198, Johannesburg

+27 11 407 8111

http://www.sappi.com
address Sappi Limited(SAP)

Group companies

NameCategory and Sector
Pulp & Paper
Commercial Printing/Forms
Pulp & Paper
Finance/Rental/Leasing
Pulp & Paper
Pulp & Paper
Pulp & Paper
Wholesale Distributors
Financial Conglomerates

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
2.654 USD
Average target price
2.78 USD
Spread / Average Target
+4.76%
Consensus