Investor Presentation March 2012.pdf - Sappi
Investor Presentation March 2012.pdf - Sappi
Investor Presentation March 2012.pdf - Sappi
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| Roadbook | <strong>March</strong> 2012<br />
Q1 2012 Summary<br />
• European business performance benefits from<br />
restructuring and cost reduction actions – US$100m per<br />
annum cost reductions on track<br />
• South African chemical cellulose business performed<br />
strongly – achieved highest quarterly profit margin in 3<br />
years<br />
• North America negatively affected by pulp prices and<br />
technical issues at Somerset<br />
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