Pulp & Paper News

TRANSCRIPT: Sappi – 3Q 2014

OAKLAND, CA , Aug. 4, 2014 (RISI) - 

The transcript of Sappi's third quarter 2014 conference call on Aug. 3, 2014, with CEO Steve Binnie, is now available at Seeking Alpha.

EXCERPT: Our Specialized Cellulose business remains sold out, and during the quarter, we were able to turn an earnings per share loss of $0.09 last year into a $0.03 profit -- $0.03 per share profit in the current year. EBITDA, excluding special items, was $140 million, compared with $88 million for the equivalent period last year, and net debt at the end of the quarter was $2,286 million.

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