Mercer Intl Stock Price, News & Analysis

Mercer International Inc. (Nasdaq: MERC) has announced a planned operation curtailment at the Cariboo Pulp and Paper mill, starting mid-April for one month, followed by another month in the third quarter. This action is a response to a decrease in fiber availability due to recent insect infestations, fires, and governmental policies affecting British Columbia's forestry resources. The downtime aims to align production capacity with the reduced fiber supply, with adjustments possible based on future fiber forecasts. Mercer operates globally, with a total production capacity of 2.3 million tonnes of pulp and other wood products.

Mercer International (NASDAQ: MERC) is set to release its fourth quarter results for the period ending December 31, 2022, on February 16, 2023, after market close. CEO Juan Carlos Bueno and CFO David K. Ure will host a conference call on February 17, 2023, at 10:00 am ET to discuss the results. Interested participants can join via phone or listen to a live webcast on the company’s website. Mercer operates in the forest products industry, with a production capacity of 2.3 million tonnes of pulp and multiple other timber products across Germany, the USA, and Canada.

Mercer International Inc. (Nasdaq: MERC) announced that its Celgar mill in British Columbia will undergo approximately three weeks of downtime starting in March 2023 due to inadequate fiber availability. President and CEO Juan Carlos Bueno expressed disappointment over the fiber supply situation, particularly regarding residual fiber for pulp, which is affecting employees and suppliers. Mercer operates globally with an annual production capacity of 2.3 million tonnes of pulp, among other products.

Mercer International has announced that Juan Carlos Bueno, President and CEO, will present at the 26th Annual CIBC Western Institutional Investor Conference from January 18-20, 2023. The presentation will include a fireside chat on January 18 at 4:00 p.m. PST. Mercer is a global forest products company with operations in Germany, the USA, and Canada, producing 2.3 million tonnes of pulp and 960 million board feet of lumber annually. For more details, visit www.mercerint.com.

Mercer International Inc. (NASDAQ: MERC) reported a third quarter net income of $66.7 million with an Operating EBITDA of $140.9 million, similar to the previous quarter. Year-to-date net income reached $227 million, up from $96.5 million in 2021, reflecting a 40% increase in Operating EBITDA compared to last year. The acquisition of HIT Torgau expands lumber capacity and diversifies products. However, total pulp production decreased by 11% due to a fire at the Stendal mill. A quarterly dividend of $0.075 per share will be paid on December 29, 2022.

Mercer International (NASDAQ: MERC) will announce its third quarter results for the period ending September 30, 2022, on October 27, 2022, after market close. CEO Juan Carlos Bueno and CFO David K. Ure will lead a conference call on October 28, 2022, at 10:00 am ET to discuss these results. Participants can join via phone or through a live Internet stream. Mercer is a global provider of bioproducts, with a production capacity of 2.2 million tonnes of kraft pulp and 550 million board feet of softwood lumber.

Mercer International has successfully completed its acquisition of HIT's parent company, enhancing its operations in Germany. CEO Juan Carlos Bueno expressed enthusiasm about integrating HIT, expanding the product line to include pallets and biofuels, and strengthening market position. Mercer operates globally, producing 2.3 million tonnes of pulp and substantial lumber and timber outputs annually. The acquisition is part of Mercer’s strategy to advance world-class operations in the forest products industry.

Mercer International has announced that David K. Ure, Senior VP Finance, CFO & Secretary, will present at the TD Securities Paper and Forest Products Conference in Toronto on September 28, 2022, at 9:30 AM EDT. The presentation will be available on the company's investor website. Mercer International, a global leader in forest products, has an annual production capacity of approximately 2.3 million tonnes of pulp and 550 million board feet of lumber, with operations in Germany, the USA, and Canada.