earnings
confidence high
sentiment neutral
materiality 0.75
Mercer reports Q3 net income $66.7M ($1.01/share), Operating EBITDA $140.9M, declares $0.075 dividend
MERCER INTERNATIONAL INC.
2022-Q3 EPS reported
$3.41
revenue$1,697,881,000
- Q3 revenue $532.8M (+13% YoY); net income $66.7M vs $69.1M in Q3 2021.
- Record YTD net income $227M; Operating EBITDA $440.4M (+40% YoY).
- Dividend of $0.075/share declared, payable Dec 29 to holders of record Dec 21.
- Acquired HIT Torgau on Sep 30; adds lumber, pallets, wood pellets; expects $16M annual synergies.
- Stendal mill fire in July cut pulp production 11%; insurance expected to cover damages and BI.