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International Paper APPM Ltd.

BSE: 502330 Sector: Industrials
NSE: IPAPPM ISIN Code: INE435A01028
BSE 00:00 | 17 Aug 489.65 6.45
(1.33%)
OPEN

488.00

HIGH

502.70

LOW

482.50

NSE 00:00 | 17 Aug 488.50 3.80
(0.78%)
OPEN

487.40

HIGH

502.50

LOW

482.00

OPEN 488.00
PREVIOUS CLOSE 483.20
VOLUME 80530
52-Week high 502.70
52-Week low 273.40
P/E 17.77
Mkt Cap.(Rs cr) 1,947
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 488.00
CLOSE 483.20
VOLUME 80530
52-Week high 502.70
52-Week low 273.40
P/E 17.77
Mkt Cap.(Rs cr) 1,947
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

International Paper APPM Ltd. (IPAPPM) - Chairman Speech

Company chairman speech

Our employees are the backbone of our operations so we depend on each other. Wecontinue to invest in people by developing their capabilities and providing a safe andengaging place to work.

Dear Shareholders

I am pleased to report that we have performed very well for the FY 2018. A year inwhich we achieved record levels for production sales revenue and profits. But ourperformance cannot only be measured by the traditional metrics since our key stakeholdersdepend on us every day for a wide range of needs.

Our customers depend on us for high quality products excellent service and fordelivering their orders on time. We have improved our product quality introduced new innovativeproducts and made significant improvements in on-time-in-full delivery.

Our employees are the backbone of our operations so we depend on each other. Wecontinue to invest in people by developing their capabilities and providinga safe and engaging place to work. We expect our leaders to have character capability andbe catalysts for change. Our leaders are responsible for the safety of our employees andsafety is our highest priority. We need and want our employees to feel valued and takepride and ownership to be part of IP APPM. Our communities depend on us for the directeconomic impact of our business and the community service projects we support foreducation health & wellness and engagement. Our CSR team leads the efforts to supportthe community needs for education access to clean drinking water and skill developmentand empowerment of women.

Our products are made of fibre from sustainable forests so sustaining forestsis critical to our strategy. We have improved our plans to ensure long-term access tosustainable fibre by collaborating with farmers and government to develop strong plantspecies and advanced farming practices to grow sustainable forests for the long term.

We are a company that uses the natural resource of fibre to make our product so we caredeeply about the environment. We are accountable for our environmental impact and improvingour planet. We have deliberate efforts and committed capital to improve our use ofwater chemicals and energy as well as improve our stack air emissions and solid wastedisposal.

Shareholders depend on us for inspired performance including theefficient use of capital to deliver strong financial results and value. As you review thisannual report I think you will see improvement across many fronts and for the areas thatmatter most. As I stated in the beginning our performance cannot be measured byoperations and financial metrics alone. We have a much greater impact than that for ourcustomers employees communities suppliers the environment and you the shareholder.

I would like to extend my gratitude and appreciation to our Board of Directors the IPAPPM leadership team and our employees for their support and commitment. I believe ourfuture is bright and holds more opportunity for growth.

Sincerely

Donald P. Devlin

Chairman & Managing Director