Welcome to our dedicated page for Mercer Intl news (Ticker: MERC), a resource for investors and traders seeking the latest updates and insights on Mercer Intl stock.
Mercer International Inc. (MERC) is a global producer of sustainable pulp, renewable energy, and wood products, operating advanced facilities across North America and Europe. This page provides investors and stakeholders with timely updates on the company’s financial performance, operational milestones, and environmental initiatives.
Access the latest press releases, earnings reports, and strategic announcements to stay informed about Mercer’s progress in the forest products industry. Key updates include developments in NBSK pulp production, sustainability certifications, and expansions in renewable energy generation.
Explore news across core categories such as quarterly financial results, partnerships, facility upgrades, and compliance achievements. All content is curated to provide a neutral, factual perspective on Mercer’s role in sustainable manufacturing and global market trends.
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Mercer International Inc. (Nasdaq: MERC) reported preliminary financial results for Q3 2024. Key highlights include:
- Revenues: $502.1 million
- Operating income: $8.8 million
- Operating EBITDA: $50.5 million
- Net loss: $17.6 million
- Liquidity: ~$554 million
The company faced unscheduled downtime at its mills, impacting pulp production. However, CEO Juan Carlos Bueno expressed optimism about capitalizing on strong NBSK markets for the remainder of 2024. NBSK list prices in Europe and North America were $1,535 and $1,735 per ADMT, respectively, as of September 30, 2024. The U.S. benchmark lumber price for Western SPF No. 2 was $390 per Mfbm. Mercer will report full Q3 2024 financial results on October 31, 2024.
Mercer International Inc. (Nasdaq: MERC) has announced temporary downtime at its Peace River mill due to a mechanical failure in the mill's digester. The company expects repairs and assessments to be completed by mid-October 2024, resulting in a reduction of approximately 45,000 tonnes of NBHK production. Mercer maintains property and business interruption insurance for the mill and anticipates coverage for the repairs and downtime, subject to standard deductibles and limits.
Mercer International is a global forest products company with operations in Germany, the USA, and Canada. The company has a consolidated annual production capacity of 2.1 million tonnes of pulp, 960 million board feet of lumber, 210 thousand cubic meters of cross-laminated timber, 45,000 cubic meters of glulam, 17 million pallets, and 230,000 metric tonnes of biofuels.
Mercer International Inc. (Nasdaq: MERC) has announced that its President and CEO, Juan Carlos Bueno, will be presenting at the Jefferies 2024 Industrials Conference on September 4, 2024, at 4:50 PM EDT. The presentation will be available on the company's website in the 'Investors - News Releases & Presentations' section on the morning of the event.
Mercer International is a global forest products company with operations in Germany, the United States, and Canada. The company's annual production capacity includes:
- 2.1 million tonnes of pulp
- 960 million board feet of lumber
- 210,000 cubic meters of cross-laminated timber
- 45,000 cubic meters of glulam
- 17 million pallets
- 230,000 metric tonnes of biofuels
Mercer International (Nasdaq: MERC) reported second quarter 2024 results with an Operating EBITDA of $30.4 million, recovering from a negative Operating EBITDA of $68.7 million in Q2 2023. However, it decreased from $63.6 million in Q1 2024. The company recorded a net loss of $67.6 million ($1.01 per share), which included a non-cash impairment of $34.3 million related to the Torgau facility. This compares to a net loss of $98.3 million in Q2 2023 and $16.7 million in Q1 2024.
Total revenues dropped by 6% to $499.4 million compared to Q2 2023, primarily due to lower pulp and lumber sales volumes. Costs and expenses fell by 15% to $543.2 million. Despite challenges, improved liquidity enabled Mercer to reduce borrowings by $45 million. A quarterly cash dividend of $0.075 per share was announced. The company forecasts softer pulp prices and stable lumber prices in Q3 2024 due to high interest rates and economic uncertainty.
Mercer International (NASDAQ: MERC) has announced a conference call to discuss its second quarter 2024 results. The company will release its financial results for the period ending June 30, 2024, on Thursday, August 8, 2024, after market close. The conference call, hosted by CEO Juan Carlos Bueno and CFO Richard Short, is scheduled for Friday, August 9, 2024, at 10:00 am ET.
Interested parties can access the live webcast through the company's website or a provided link. For those unable to attend live, a replay will be available on Mercer's website. Participants wishing to join the call and ask questions must register in advance to receive dial-in information.
Mercer International is a global forest products company with operations in Germany, the United States, and Canada, boasting significant production capacities in pulp, lumber, cross-laminated timber, glulam, pallets, and biofuels.
Mercer International Inc. (Nasdaq: MERC), a global forest products company, has received an improved ESG Risk Rating of 17.4 from Sustainalytics. This places Mercer in the low-risk group and the 20th percentile of 16,215 companies rated worldwide, marking a 4.0-point improvement since 2023.
In its industry, Mercer ranked in the 18th percentile for Paper & Forestry and 17th percentile for Paper & Pulp. The company received a 'Strong' rating for ESG issue management and achieved 'Low' ESG Risk ratings in water use, emissions, and carbon. Mercer also scored 'Negligible Risk' in community relations, corporate governance, and human capital categories.
This improvement reflects Mercer's commitment to sustainability, effective ESG risk management, and creating long-term value for stakeholders while balancing environmental stewardship with responsible business growth.
Mercer International released its 2023 Sustainability Report titled 'Fit for Future: Transition and Transformation,' highlighting progress toward 2030 environmental goals.
The company completed a climate change scenario analysis, launched a lignin pilot plant in Germany, and improved water quality indicators at its mills.
Mercer also updated its materiality assessment, expanded third-party assurance to include Scope 3 emissions, and implemented a Supplier Code of Conduct.
The company operates in Germany, the USA, and Canada, with a robust production capacity of pulp, lumber, CLT, glulam, pallets, and biofuels.
Mercer International Inc. reported strong first quarter 2024 results with Operating EBITDA of $63.6 million, a substantial increase from previous quarters. Net loss was $16.7 million, including a non-cash loss on disposal of $23.6 million. Improved pulp markets and lower costs drove EBITDA growth, leading to a quarterly cash dividend of $0.075 per share. The company remains optimistic about pricing improvements and cost management in the second quarter of 2024.