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4-Traders Homepage  >  Equities  >  Johannesburg Stock Exchange  >  Sappi Limited    SAPJ   ZAE000006284

SAPPI LIMITED (SAPJ)
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Sappi : Man dies at Sappi paper mill in Cloquet

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05/17/2018 | 12:02am CEST

May 16--Authorities are investigating the death of a worker at the Sappi paper and pulp mill in Cloquet on Tuesday.

"We are shocked and saddened to confirm the death of Mr. Ryan Martin," corporate spokeswoman Olga Karagiannis wrote in an email Wednesday. "Sappi is investigating and working with authorities to understand the cause of death."

The company did not offer any further information on the circumstances of Martin's death. Cloquet Police Department and Minnesota Department of Labor and Industry officials also did not immediately have further details.

The Cloquet mill last had a fatality in 2003, when 47-year-old Kerry Roe died while doing maintenance work on electrical equipment in the finishing department. Sappi later paid a $50,000 fine under a settlement with the state Occupational Safety and Health Administration.

___

(c)2018 the Duluth News Tribune (Duluth, Minn.)

Visit the Duluth News Tribune (Duluth, Minn.) at www.duluthnewstribune.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Sales 2018 5 737 M
EBIT 2018 497 M
Net income 2018 334 M
Debt 2018 1 512 M
Yield 2018 2,82%
P/E ratio 2018 11,20
P/E ratio 2019 10,14
EV / Sales 2018 0,92x
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Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 7,78 $
Spread / Average Target 16%
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Managers
NameTitle
Stephen Robert Binnie Chief Executive Officer & Executive Director
Anthony Nigel Rudd Independent Chairman
Glen Thomas Pearce Chief Financial Officer & Executive Director
Bradley Coward Group Chief Information Officer
Karen Rohn Osar Independent Non-Executive Director
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