earnings
confidence high
sentiment negative
materiality 0.80
Mercer International reports Q3 2025 net loss of $80.8M; Operating EBITDA negative $28.1M
MERCER INTERNATIONAL INC.
2025-Q3 EPS reported
-$2.83
revenue$1,418,566,000
- Operating EBITDA negative $28.1M vs positive $50.5M in Q3 2024; net loss $80.8M ($1.21/share) vs $17.6M prior.
- Pulp segment EBITDA -$12.7M vs +$54.6M a year ago; NBSK realizations -11% to $728/ADMT; NBHK -16% to $528/ADMT.
- Solid wood segment EBITDA worsened to negative $9.3M from negative $1.9M; manufactured products revenue down 66% to $12.2M.
- One Goal One Hundred program targets $100M savings by end 2026; $30M expected by end 2025. Carbon capture pilot at Peace River mill in Q4.
- Liquidity $376.1M ($98.1M cash plus $278M revolver); management plans additional cost cuts and lower 2026 capex.