Mercer Q2 net income $71.4M, Operating EBITDA $145.1M, announces $0.075 dividend

MERCER INTERNATIONAL INC.

2022-Q2 EPS reported $2.41 revenue$1,165,067,000

Net income $71.4M ($1.07 diluted EPS) vs $21.4M in Q2 2021; revenue $572.3M, up 42% YoY.
Pulp segment operating income $75.5M (vs $13.3M); wood products record $45.9M; energy/chemical revenues record $47.8M.
Stendal mill fire in July restarted at ~80% capacity; replacement equipment expected several months.
Board authorized $0.075 quarterly dividend payable Oct 5, 2022 to holders of record Sep 28.
FY 2022 capex guidance $175M-$200M; additional $27M investment approved for Spokane mass timber facility.

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