Mercer Q4 net income $74.5M, record EBITDA $164.9M; dividend raised 15% to $0.075/share

MERCER INTERNATIONAL INC.

2021-FY EPS reported $2.58 revenue$1,803,255,000

Q4 net income $74.5M ($1.12 diluted EPS) vs net loss $13.0M in Q4 2020; revenue $519.0M (+30% YoY).
Full-year 2021 net income record $171.0M ($2.58 diluted EPS) vs net loss $17.2M in 2020; record Operating EBITDA $478.8M.
Quarterly cash dividend increased 15% to $0.075 per share; payable April 6, 2022 to holders of record March 30, 2022.
Pulp segment operating income $113.2M (vs $4.7M) aided by $31.9M business interruption insurance claim.
Wood products segment operating income $19.9M (+54% YoY) on higher lumber realizations; 2022 capex guided $175-200M.

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