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MERC News and Press, Mercer International Inc. From 07/28/22

Stock Information

Company Name: Mercer International Inc.
Stock Symbol: MERC
Market: NASDAQ
Website: mercerint.com

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MERC - Mercer GAAP EPS of $1.07 beats by $0.02, revenue of $572.33M beats by $44.87M

Mercer press release ( NASDAQ: MERC ): Q2 GAAP EPS of $1.07 beats by $0.02 . Revenue of $572.33M (+42.4% Y/Y) beats by $44.87M . For further details see: Mercer GAAP EPS of $1.07 beats by $0.02, revenue of $572.33M beats by $44.87M

MERC - Mercer International Inc. Reports Second Quarter and First Half 2022 Results and Announces Quarterly Cash Dividend of $0.075

Selected Highlights Second quarter net income of $71.4 million and Operating EBITDA* of $145.1 million Record quarterly wood products operating income and energy revenues NEW YORK, July 28, 2022 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today...

MERC - Mercer International Inc. Conference Call for Second Quarter 2022 Results Update

NEW YORK, July 26, 2022 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) today announced that ​in light of the recently announced acquisition of Holzindustrie Torgau, Juan Carlos Bueno, President and Chief Executive Officer and David K. Ure, Senior Vice President Finance, Chie...

MERC - Mercer International Inc. to Acquire Holzindustrie Torgau ("HIT") Significantly Expanding Its Solid Wood Operations

HIT owns and operates an integrated timber processing facility with wood pallet, lumber, biofuel and energy production. Consideration of €270 million (approx. $275.4 million), inclusive of forecasted net working capital of approximately €43 million (approx. $43.9 m...

MERC - Mercer International Inc. Releases 2021 Sustainability Report

NEW YORK, July 18, 2022 (GLOBE NEWSWIRE) -- Mercer International Inc. (“Mercer” or the “Company”) (Nasdaq: MERC) -- a global forest and bio-products company today announced the release of its first sustainability report. The Mercer “Fit for Future” ...

MERC - Mercer International Inc. Announces Conference Call For Second Quarter 2022 Results

NEW YORK, July 18, 2022 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its second quarter results for the period ended June 30, 2022 on Thursday, July 28, 2022, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer and David K. Ure, Se...

MERC - Mercer International: Buy For Exposure To NBSK Pulp, Biofuel Electricity, And Lumber

Not all pulp is created equal. 'Know what you are investing in' applies to Mercer, as they produce long-fiber NBSK virgin pulp vs short-fiber NBHK. Sum of the parts valuations suggests a target price of $19. After a 3-yr pause, billionaire investor Peter R. Kellogg started buying ...

MERC - Resolute Forest Products leads Energy/Material gainers; Frontline and Scorpio Tankers among losers

Gainers: Resolute Forest Products ( RFP ) +64% . Mercer International ( MERC ) +12% . Eco Wave Power Global ( WAVE ) +7% . Zymergen ( ZY ) +7% . Heliogen ( HLGN ) +6% . Losers: Borr Drilling ( BORR ) -11% . Scorpio Tankers ( ...

MERC - Mercer upgraded at Credit Suisse on opportunity following 7% stock drop

Mercer International ( NASDAQ: MERC ) +10.9% in Wednesday's trading after Credit Suisse upgraded shares to Outperform from Neutral with a $19 price target, citing "pulp positives aplenty" after shares slid 7% yesterday following a fire at the company's Stendal pulp mil...

MERC - Update on Fire at Mercer Stendal Pulp Mill

NEW YORK, July 04, 2022 (GLOBE NEWSWIRE) -- Mercer International (“Mercer” or the “Company”) (Nasdaq: MERC), provides the following update to its press release of July 1, 2022 regarding a fire which occurred in the wood chip storage area at our Stendal pulp mill....

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