Mercer Intl Stock Price, News & Analysis

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.

Mercer International Inc. (NASDAQ: MERC) has received approval from the Bankruptcy Court for its wholly-owned subsidiary to acquire a state-of-the-art CLT manufacturing facility in Spokane, Washington, for $50 million. This facility, covering 54 acres with 270,000 square feet, will boost the company's annual production capacity to approximately 13 million sq. ft. of 5-ply panels, representing around 30% of North America's mass timber manufacturing capacity. CEO David Gandossi emphasized the acquisition aligns with their strategy to provide sustainable building solutions.

Mercer International reported strong second quarter 2021 results, with Operating EBITDA at $83.8 million and net income of $21.4 million ($0.32 per share), up from a net loss of $8.4 million a year earlier. Revenue rose 18% to $401.8 million driven by higher pulp and lumber sales. Enhanced capacity at Stendal Mill adds 80,000 ADMTs per year. A quarterly dividend of $0.065 per share is set for October 6, 2021. Despite strong results, logistics issues from wildfires pose risks, yet strong market fundamentals are expected to support prices going forward.

Mercer International announces that David M. Gandossi, President and CEO, will present at the Jefferies 2021 Industrials Conference on August 4, 2021, at 9:00 AM EDT. The presentation will be available on Mercer’s website in the “Investors - Current Documents” section on the morning of the event. A live webcast can also be accessed, with a 30-day replay following the session. Mercer operates globally in the forest products sector, producing approximately 2.2 million tonnes of pulp and 550 million fbm of softwood lumber.