Monday, August 6, 2007

Sappi says Q3 earnings per share 23 US cents

(Reuters) - The world's top maker of fine paper, Sappi Ltd, swung to third-quarter earnings per share of 23 U.S. cents from a loss in the same period a year ago, the company said on Monday.

Sappi said group sales for the quarter increased by 7 percent to $1.3 billion, with operating profit at $87 million compared with a loss of $34 million a year earlier.


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