Mercer Q1 net loss $22.3M; operating EBITDA $47.1M, down from $63.6M YoY

MERCER INTERNATIONAL INC.

2025-Q1 EPS reported -$0.33 revenue$506,974,000

Revenue $507M, down 8% YoY; net loss per share $0.33 vs loss $0.25 in Q1 2024.
Pulp segment operating EBITDA $49.9M, down 27% YoY due to Celgar mill maintenance (22 days) and higher fiber costs.
Solid wood segment operating EBITDA -$0.3M, improved from -$0.9M YoY on higher lumber realizations.
Quarterly dividend of $0.075/share declared, payable July 3 to holders of record June 26.
Targeting ~$100M cost savings by 2026; reduced 2025 capex by $20M and targeting $20M inventory reduction.

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