prosperity

Annettee Luchene, CFO, Describes How Sappi North America Contributes to Global Group Success

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Our journey continues

Sappi North America (SNA) takes a holistic stance on prosperity, understanding that a myriad of factors will define our financial success. This means always seeking answers—have we listened to our customers and made decisions in anticipation of their needs and expectations? Are all employees engaged and motivated to lead projects to execute their ideas? Do we understand how our operations impact our local communities and work with them to develop “win-win” strategies?

New Leadership Team Driving Sappi Forward

Company adds new members to expert team
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2018 was a year of transformation for Sappi North America (SNA). We rebuilt a paper machine, developed an entirely new packaging line, helped launch exciting new brand positioning for our dissolving pulp product, and established a creative, passionate sustainability team to set the course for our future.

A Letter From Sappi North America's CEO and President Mark Gardner

Gardner discusses the state of sustainability at Sappi
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2018 was an enormously important, transformational year for Sappi North America (SNA). We executed on several fronts to make our company sustainable for the long term. Through significant investments in our people and in our mills, and rigorous attention to our high standards for safety, operational efficiency and environmental stewardship, we are well on our way to becoming the thriving, diversified, growing business we set out to be just a few years ago. Let me share a few of my highlights and reflections for the future:

Safety

Making People Central to a Sustainability Strategy

Sappi puts its people front and center to achieve goals
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At Sappi North America (SNA), we keep sustainability at the forefront of our operations. Together with the 2020Vision— Sappi’s global growth strategy—we use our sustainability goals program to set targets, initiate improvement actions, and monitor our commitment to progress. Our goals are reflective of the desires of our employees, customers, and investors.

Contribute to 15 percent group EBITDA margin target

Sappi's Commitment to Reducing Global Environmental Footprint

Company close to reaching goals set in 2020Vision
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At Sappi North America (SNA), we keep sustainability at the forefront of our operations. Together with the 2020Vision— Sappi’s global growth strategy—we use our sustainability goals program to set targets, initiate improvement actions, and monitor our commitment to progress. Our goals are reflective of the desires of our employees, customers, and investors.

Lower total energy consumed

Sappi Limited's CEO Steve Binnie Reflects on North America's Year of Renewal

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I would like to congratulate the Sappi North America (SNA) team on another successful year, truly embodying this year’s theme of renewal. The business underwent a significant change with the conversion of Paper Machine 1 (PM1) at the Somerset Mill to be able to produce packaging and speciality paper grades. We also commenced a project to increase dissolving pulp capacity at Cloquet. These exciting changes are part of Sappi’s global strategy to boost capacity in higher growth and higher margin product segments.

Sappi Sees Growth Opportunities to Meet Prosperity Goals

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Meet or Exceed 12% RONOA 

Return on net operating assets (RONOA) is a core measure of financial sustainability that measures how effectively we use our asset base to generate profit.

In 2017 Sappi North America achieved a 4.7 percent RONOA, down only slightly from the prior year due to very challenging conditions in graphics and release markets. Disciplined cost management and strong performance in our dissolving wood pulp helped to offset the impact of these headwinds.

A Letter from Sappi CEO Steve Binnie

Global CEO highlights company's sustainable growth
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Dear North American colleagues and stakeholders,

2017 was a good year for Sappi globally, with the focus and energy of our people enabling us to deliver another strong set of results built on the momentum of past years. In North America, good cost management and strong contributions from our Specialised Cellulose business offset some of the weak market conditions in the graphics and release businesses.

A Letter from Sappi North America's CEO and President Mark Gardner

Gardner discusses the state of sustainability at Sappi
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In 2016, Sappi North America achieved many important milestones as we continue to transform into a more diversified, sustainable business that meets the needs of our customers, communities, employees and shareholders. As part of the Sappi Limited group, our strong cash generation (EBITDA growth of 18 percent year over year), allowed us to reduce net debt by 20 percent year on year, and our robust balance sheet created a strong platform for growth and re-investment in 2017 and beyond.

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