MERC News and Press, Mercer International Inc. From 12/23/22

Summary Falling pulp prices are putting downward pressure on MERC, and they will probably continue to fall through 2024. With its Pulp segment accounting for the majority of its EBITDA, this is going to significantly impact its performance going forward. Its share price has fallen s...

Mercer International ( NASDAQ: MERC ) -10.8% in Thursday's trading as RBC Capital cuts shares to Sector Perform from Outperform with a $14 price target, down from $17, citing near-term headwinds including a new €130/MWh electricity price cap in Germany structured as a windfall ...

NEW YORK, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that the Company will be presenting at the following upcoming conferences: BofA Securities 2022 Leveraged Finance Conference Boca Raton, Florida, November 28 to November 30, 2022 P...

Mercer International Inc. (MERC) Q3 2022 Earnings Conference Call October 28, 2022 10:00 ET Company Participants Juan Carlos Beuno - President and Chief Executive Officer David Ure - Senior Vice President, Finance, Chief Financial Officer and Secretary Conferen...

Mercer press release ( NASDAQ: MERC ): Q3 GAAP EPS of $1.00 beats by $0.05 . Revenue of $532.81M (+13.4% Y/Y) beats by $30.42M . Total revenues in the third quarter of 2022 increased by approximately 13% to $532.8 million from $469.7 million in the same quarter...

Selected Highlights Third quarter net income of $66.7 million and Operating EBITDA* of $140.9 million Record year to date net income of $227 million and Operating EBITDA* of $440.4 million Expanded German solid wood business with the acquisition of HIT Torgau ...

NEW YORK, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its third quarter results for the period ended September 30, 2022 on Thursday, October 27, 2022, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer and David K. ...

NEW YORK, Sept. 30, 2022 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (" Mercer ", the " Company ", " we ", " our ") today announced that it has completed its previously-announced acquisition of all of the shares of the parent company of HIT. Mr. Juan C...

Summary Bearish sentiment hurts from primary sectors like basic materials. However, there is a redemptive opportunity within the basic materials sector that makes some of its players attractive to invest in despite the risk. Among the various players, Mercer International seem...

NEW YORK, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Mercer International Inc., or "Mercer", (Nasdaq: MERC) today announced that it has successfully entered into a new €300 million revolving credit facility for its German subsidiaries with a syndicate of European banks (the "New Facility"). ...