earnings
confidence high
sentiment negative
materiality 0.80
Mercer Q2 2026: Operating EBITDA -$21M, net loss $76M, Torgau restructuring, strategic alternatives review
MERCER INTERNATIONAL INC.
2026-Q2 EPS reported
-$1.91
revenue$949,582,000
- Q2 2026 net loss of $76.0M ($1.13/share) vs. $86.1M loss in Q2 2025; revenue $460.3M, flat YoY.
- Operating EBITDA negative $21.0M, including $29.0M non-cash inventory impairment; fiber costs up 14% YoY.
- Torgau facility restructuring: ~350 workforce reduction through Q2 2027; 100 contractor positions cut in July 2026.
- Engaged advisors to evaluate strategic alternatives, including discussions with 2028/2029 noteholders; no agreement reached.
- One Goal One Hundred program achieved $54M in cost savings to date; target of $100M by year-end 2026.