Mercer Intl Stock Price, News & Analysis

Mercer International (NASDAQ: MERC) will announce its fourth quarter results for the period ending December 31, 2021, on February 17, 2022, after the market closes. A conference call hosted by President David M. Gandossi and CFO David K. Ure is scheduled for February 18, 2022, at 10:00 am ET to discuss the results. Stakeholders can join the call or listen online. Mercer International is a leading producer of forest products and bioproducts, with annual production capacity of approximately 2.2 million tonnes of kraft pulp.

Mercer International has secured a new CDN$160 million joint asset-backed revolving credit facility with a group of North American banks, replacing two existing facilities totaling CDN$100 million. This five-year facility is intended for general corporate purposes and is secured by the assets of its Canadian subsidiaries. Interest rates will vary based on a borrowing base and leverage ratio. Mercer's operations span Germany and Canada, with an annual production capacity of 2.2 million tonnes of pulp and 550 million board feet of lumber.

Mercer International Inc. (Nasdaq: MERC) has announced that its President and CEO, David M. Gandossi, will present at the 25th Annual CIBC Western Institutional Investor Conference. The event is scheduled for Thursday, January 20th, 2022, at 2:35 PM PST. A copy of the presentation will be available on the company’s website under the Investors section on the morning of the event. Mercer is a global producer of forest products and bioproducts, with a production capacity of approximately 2.2 million tonnes of kraft pulp and 550 million board feet of softwood lumber.

Mercer International Inc. (Nasdaq: MERC) announced that David K. Ure, Senior VP Finance, CFO, and Secretary, will present at the 2021 RBC Capital Markets Forest Products Virtual Conference on December 2, 2021, at 12:45 PM ET. A presentation copy will be available on the company's website in the 'Investors - News Releases & Presentations' section on the morning of the event. Mercer operates globally in forest products, bioproducts, and green electricity, with a production capacity of approximately 2.2 million tonnes of kraft pulp and 550 million board feet of softwood lumber.

Mercer International Inc. (Nasdaq: MERC) announced that CEO David M. Gandossi will present at the BofA Securities 2021 Virtual Leveraged Finance Conference. The event will take place from November 30 to December 2, 2021, with Gandossi's presentation scheduled for 2:15 PM ET on December 1. A copy of the presentation will be available on the company's website. Conference participants can access a live webcast and a replay within twenty-four hours after the event. Mercer focuses on sustainable bioproducts and has a production capacity of 2.2 million tonnes of kraft pulp.

Mercer International reported a strong Q3 2021, with net income of $69.1 million ($1.05 per share) compared to $7.5 million in Q3 2020. Operating EBITDA reached a record $148.1 million, up from $45.6 million YoY. Revenues rose by 41% to $469.7 million, driven by higher pulp and lumber sales despite lower volumes. The company commenced operations at a new cross-laminated timber facility in Spokane, potentially boosting production by 140,000 cubic meters annually. A quarterly dividend of $0.065 per share will be paid on December 30, 2021.

Mercer International plans to release its third quarter results for the period ending September 30, 2021, on October 28, 2021, after market close. The conference call will take place on October 29, 2021, at 10:00 am ET, featuring CEO David M. Gandossi and CFO David K. Ure. Participants can join via phone or listen online.

Mercer International is a leading producer of bioproducts and forest products, with operations in multiple countries and a combined annual production capacity of approximately 2.2 million tonnes of kraft pulp.

Mercer International (MERC) is currently under investigation by the European Union for potential cartel activities in the wood pulp sector. The investigation includes inspections at major European pulp producers, including Mercer’s German operations. The company is cooperating fully with the inquiry. Mercer is a global producer of bioproducts and forest products, with an annual production capacity of approximately 2.2 million tonnes of kraft pulp and 550 million board feet of softwood lumber.

Mercer International announced David M. Gandossi, President and CEO, will present at the TD Securities Virtual Paper & Forest Products Conference on September 29, 2021, at 10:00 AM EDT. A copy of the presentation will be available on the company's website on the morning of the event. Additionally, a webcast will be accessible days prior, with a recording available for 90 days post-event. Mercer is a global leader in sustainable forest products, producing approximately 2.2 million tonnes of kraft pulp and 550 million board feet of softwood lumber annually.