This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Sappi Limited: Results For The Third Quarter Ended June 2010





Summary

   
    Quarter ended   Nine months ended

June

2010

 

March

2010

 

June

2009

June

2010

 

June

2009

Key figures: (US$ million)
Sales 1,602 1,576 1,316 4,798 3,816
Operating profit (loss) 154 28 (7) 183 56
Special items – (gains) losses 1 (79) 26 (6) 27 (61)
Operating profit (loss) excluding special items 2 75 54 (13) 210 (5)
EBITDA excluding special items 3 176 156 93 525 281
Basic Earnings (loss) Per Share (US cents) 12 (6) (12) (3) (16)
Net debt 4 2,337 2,429 2,770 2,337 2,770
Key ratios: (%)
Operating profit (loss) to sales 9.6 1.8 (0.5) 3.8 1.5
Operating profit (loss) excluding special items to sales 4.7 3.4 (1.0) 4.4 (0.1)
Operating profit (loss) excluding special items to Capital

Employed (ROCE)

7.3

5.1

(1.1)

6.6

(0.2)

EBITDA excluding special items to sales 11.0 9.9 7.1 10.9 7.4
Return on average equity (ROE) 5 15.0 (7.3) (12.7) (1.4) (5.4)
Net debt to total capitalisation 5   57.6   59.1   57.5   57.6   57.5
 
        1 Refer to information in the published results regarding more details on special items
 
2Refer to Supplemental Information in the published results for the definition of the term and reconciliation of operating profit/ loss excluding special items for the period to operating profit/ loss
 
3Refer to Supplemental Information in the published results for the definition of the term and reconciliation of EBITDA excluding special items for the period to profit/ loss before taxation
 
4Refer to Supplemental Information for the reconciliation of net debt to interest-bearing borrowings
 
5Refer to Supplemental Information in the published results for the definition of the term
 
The table above has not been audited or reviewed.




1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,669.16 -3.44 -0.02%
S&P 500 2,053.36 +1.54 0.08%
NASDAQ 4,764.4830 +6.6040 0.14%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs