earnings
confidence high
sentiment neutral
materiality 0.75
Mercer Q3 2024: net loss $17.6M ($0.26/sh); Operating EBITDA +35% to $50.5M
MERCER INTERNATIONAL INC.
2024-Q3 EPS reported
-$1.53
revenue$1,554,955,000
- Revenue $502M, up 7% YoY; pulp sales realizations up 22% for NBSK to $814/ADMT.
- Pulp production fell 13% to 415,837 ADMTs due to unplanned downtime at Peace River mill.
- Quarterly dividend of $0.075/share declared, payable Dec 26, 2024 to holders of record Dec 18.
- Refinanced $300M 2026 notes with $200M add-on of 12.875% 2028 notes, reducing debt by $100M.
- Solid wood segment operating loss narrowed to $14.7M from $19.7M; mass timber revenue +71%.