earnings
confidence medium
sentiment negative
materiality 0.60
Mercer International preliminary Q3 2024: Revenue $502M, net loss $17.6M, EBITDA $50.5M
MERCER INTERNATIONAL INC.
2024-Q3 EPS reported
-$1.53
revenue$1,554,955,000
- Revenue $502.1M (up 7% YoY from $470.8M); operating income $8.8M vs. loss of $3.4M YoY.
- Net loss $17.6M vs. $26.0M YoY; operating EBITDA $50.5M vs. $37.5M YoY.
- Production hit by unscheduled downtime: 23 days at Peace River, slower Stendal restart, Celgar mechanical incidents.
- NBSK list prices up YoY: Europe $1,535/ADMT, N.America $1,735/ADMT, China net $754/ADMT.
- Liquidity ~$554M including $239M cash and $315M revolver availability.