Mercer International

Mercer International, Inc. engages in the manufacture and sale of pulp. It operates through Pulp and Wood Products segments. The Pulp segment consists of the manufacture, sales, and distribution of NBSK pulp, electricity, and other by-products at three pulp mills. The Wood Products segment is involved in the manufacture, sale, and distribution of lumber, electricity and other wood residuals at the Friesau Facility. The company was founded on July 1, 1968 and is headquartered in Vancouver, Canada.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q3 2024

Earnings data Q4 2024

Mercer International achieves record EBITDA in 2022 despite Q4 challenges

Mercer International's Q4 performance was impacted by lower EBITDA, but the company achieved a record EBITDA for 2022 driven by strong pricing and improved sales volumes. Despite challenges in lumber realizations, the company is investing in growth opportunities and focusing on diversification for long-term success.

Mercer International reports Q1 EBITDA of $28M, faces pricing challenges

Mercer International faced challenges in pricing and external factors affecting results.
Despite lower pulp prices, the company achieved record lumber production and sales.
The company is confident in its ability to navigate market challenges effectively.
Progress in developing the mass timber business and commitment to carbon emission reduction.

Mercer International faces pulp price challenges but sees growth opportunities

Mercer International navigated a challenging Q2 marked by negative EBITDA and a net loss, but demonstrated resilience through cost-saving measures and revenue growth.
The company faces ongoing challenges from weak pulp prices and market conditions, requiring a focus on cost reduction and asset optimization.
Despite challenges, Mercer International remains optimistic about future growth prospects, leveraging opportunities in low-carbon products and green initiatives.
Strong financial performance, increased sales volumes, and strategic initiatives position the company well for long-term value creation and profitability.

Mercer International improves Q3 performance, strengthens liquidity for growth

Mercer International showed significant improvement in Q3 2023 with enhanced EBITDA, lower net loss, and strengthened liquidity through financial maneuvers.
Operational efficiencies in managing fiber costs and a focus on shareholder rewards highlight Mercer's commitment to financial stability and growth.
While challenges persist in achieving profitability and managing costs, Mercer's strategic moves position it well for future opportunities and potential growth.

Mercer International navigates market challenges with strategic resilience and growth

Mercer International faced challenges in Q4 with a decrease in EBITDA, a net loss, and a noncash impairment, but maintained a strong liquidity position.
Despite market fluctuations, the company's strategic decisions, dividend approval, and growth opportunities signal resilience and long-term potential.
Balancing operational improvements, market dynamics, and capital investments will be crucial for Mercer's financial performance and shareholder value.

Mercer International reports robust Q1 performance amidst strategic initiatives

Mercer International delivered a strong Q1 performance with a significant EBITDA increase driven by improved pulp sales and cost efficiencies.
While facing challenges such as a noncash loss from dissolving a joint venture, Mercer maintains a solid liquidity position and strategic growth initiatives.
Opportunities lie in restarting key projects, leveraging liquidity for growth, and capitalizing on improving lumber pricing and production volumes.

Mercer International reports Q2 challenges but sees growth in pulp

Mercer International faced challenges with weak lumber pricing and planned maintenance downtime in Q2.
However, strong demand for pulp and improvements in pulp markets were key strengths.
The company's mass timber business showed promise, being EBITDA positive and set for growth.
Overall, Mercer International aims to capitalize on opportunities in the pulp and mass timber segments.

Mercer International reports mixed Q3 results, focuses on debt reduction

Mercer International's Q3 performance showcased a focus on debt reduction, operational challenges in the Solid Wood segment, and opportunities for growth in softwood markets. The company aims to strengthen its financial position through prudent cash management and cost-saving initiatives.

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Mercer International, Inc. engages in the manufacture and sale of pulp. It operates through the Pulp and Wood Products segments. The Pulp segment consists of the manufacture, sale, and distribution of NBSK pulp, electricity, and other by-products at three pulp mills. The Wood Products segment is involved in the manufacture, sale, and distribution of lumber, electricity and other wood residuals at the Friesau Facility. The company was founded on July 1, 1968 and is headquartered in Vancouver, Canada.

Mercer International Inc. (MERC) CEO David Gandossi on Q4 2020 Results - Earnings Call Transcript

NEW YORK, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Alice Laberge and Janine North, ICD.D, have been appointed to its board of directors effective February 17, 2021.

Mercer International Inc. Announces Appointments to Board of Directors

Mercer International Inc. Reports Fourth Quarter and Year End 2020 Results and Announces Quarterly Cash Dividend of $0.065

NEW YORK, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced that it has completed its previously announced private offering of $875.0 million aggregate principal amount of 5.125% senior notes due February 1, 2029 (the "2029 Notes"). The Company also announces the settlement of its previously announced cash tender offer (the "Tender Offer") with respect to its existing 6.500% Senior Notes due 2024 (the "2024 Notes") and completion of its previously announced redemption of its existing 7.375% Senior Notes due 2025 (the "2025 Notes").

Mercer International Inc. Completes Private Offering of $875,000,000 of 2029 Senior Notes, Settlement of Tender Offer of 2024 Senior Notes and Redemption of 2025 Senior Notes

NEW YORK, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its fourth quarter results for the period ended December 31, 2020 on Tuesday, February 16, 2021, after the close of the market. David M. Gandossi, President and Chief Executive Officer and David K. Ure, Senior Vice President Finance, Chief Financial Officer and Secretary, will be hosting a conference call on Wednesday, February 17, 2021, at 10:00 am ET to discuss the results. The call can be accessed by dialing one of the following:

Mercer International Inc. Announces Conference Call for Fourth Quarter 2020 Results

NEW YORK, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced the upsizing and pricing of its private offering of $875 million in aggregate principal amount of 5.125% senior notes due February 1, 2029 (the "2029 Notes"). The size of the offering was increased from the previously announced offering of $500 million aggregate principal amount of 2029 Notes to $875 million aggregate principal amount of 2029 Notes.

Mercer International Inc. Announces Upsizing and Pricing of Private Offering of Senior Notes and the Conditional Full Redemption of Its Outstanding 7.375% Senior Notes Due 2025

NEW YORK, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced that it intends to offer for sale (the "Offering") $500.0 million in aggregate principal amount of senior notes due 2029 (the "2029 Notes").

Mercer International Inc. Announces Plans to Issue $500 Million of Senior Notes in Private Offering to Refinance Its Senior Notes Due 2024 and 2025

NEW YORK, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that it has commenced a cash tender offer (the "Tender Offer"), for any and all of its outstanding 6.500% Senior Notes due 2024 (the "Notes"). The Tender Offer is made pursuant to an Offer to Purchase and related Notice of Guaranteed Delivery which set forth the terms and conditions of the Tender Offer.

Mercer International Inc. Commences Tender Offer for its 6.500% Senior Notes Due 2024

NEW YORK, Jan. 11, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David M. Gandossi, President and CEO, will be presenting at the following upcoming conference:

Mercer International Inc. to Present at Upcoming 24th Annual CIBC Western Institutional Investor Conference

The firm cut the dividend by 50%+ in the first quarter. Momentum though is beginning to pick up.

Assessing The Strength Of The Dividend Of Mercer International

NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David K. Ure, Senior Vice President, Chief Financial Officer and Secretary, will be presenting at the following upcoming conference:

Mercer International Inc. to Present at Upcoming BofA Securities 2020 Virtual Leveraged Finance Conference

NEW YORK, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David M. Gandossi, President and CEO, will be presenting at the following upcoming conference:

Mercer International Inc. To Present at Upcoming 2020 RBC Capital Markets Forest Products Virtual Conference

Mercer International Inc. (MERC) CEO David Gandossi on Q3 2020 Results - Earnings Call Transcript

Mercer International (MERC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

All You Need to Know About Mercer International (MERC) Rating Upgrade to Buy

Mercer International Inc. Reports Third Quarter and Nine Months 2020 Results and Announces Quarterly Cash Dividend of $0.065

NEW YORK, Oct. 07, 2020 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its third quarter results for the period ended September 30, 2020 on Thursday, October 29, 2020, after the close of the market. David M. Gandossi, President and Chief Executive Officer and David K. Ure, Senior Vice President Finance, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, October 30, 2020, at 10:00 am ET to discuss the results. The call can be accessed by dialing one of the following:

Mercer International Inc. Announces Conference Call for Third Quarter 2020 Results

NEW YORK, Sept.  28, 2020  (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David M. Gandossi, President and CEO, will be presenting at the following upcoming conference:

Mercer International Inc. to Present at Upcoming TD Securities 2020 Forest Products Virtual Conference

Mercer International Inc. (MERC) CEO David Gandossi on Q2 2020 Results - Earnings Call Transcript

NEW YORK, July  23, 2020  (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David M. Gandossi, President and CEO, will be presenting at the following upcoming conference:

Mercer International Inc. to Present at Upcoming Jefferies 2020 Virtual Industrials Conference

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NEW YORK, May  29, 2020  (GLOBE NEWSWIRE) -- Mercer International Inc. ("Mercer") (Nasdaq: MERC) reports that its Celgar mill, in addition to regularly planned maintenance downtime of five days, will be taking approximately 30 days of additional downtime (aggregate 52,000 ADMTs) in July 2020. The additional downtime largely results from reduced fiber availability in the mill's procurement area as a result of Covid related sawmill curtailments in British Columbia, the imposition of sawlog equivalent stumpage charges on pulpwood and complex stumpage rules which result in a significant amount of pulp wood already harvested being left to burn in the forest.

Mercer International Inc. Announces 30 Days Downtime at its Celgar Mill

Mercer International Inc. (MERC) CEO David Gandossi on Q1 2020 Results - Earnings Call Transcript

NEW YORK, April  03, 2020  (GLOBE NEWSWIRE) -- Mercer International Inc. ("Mercer") (Nasdaq: MERC) reports that its joint venture Cariboo pulp mill will be taking approximately 4 weeks of downtime starting on or about April 20, 2020, resulting in an approximate reduction of NBSK production of 30,000 tonnes of which Mercer's share is 15,000 tonnes. The downtime is in connection with reduced fibre availability resulting from regional sawmill downtime. The cogeneration facility at the Cariboo mill will continue to operate during the downtime.

MERCER INTERNATIONAL INC. ANNOUNCES DOWNTIME AT ITS JOINT VENTURE CARIBOO MILL

Mercer International Inc. (MERC) CEO David Gandossi on Q4 2019 Results - Earnings Call Transcript

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