Highest-materiality recent filing
Mercer secures C$20M Canadian government support for Peace River mill modernization
Prairies Economic Development Canada commits C$20M (≈US$14M) to subsidiary Mercer Peace River Pulp Ltd.
Q2 2026 net loss of $76.0M ($1.13/share) vs. $86.1M loss in Q2 2025; revenue $460.3M, flat YoY.
Mercer Torgau to cut ~350 jobs, align capacity with market conditions
Initial reduction of ~100 contractor positions in July 2026; total workforce cut of ~350 positions.
Mercer International receives Nasdaq non-compliance notice for bid price below $1.00
Received Nasdaq notice on July 9, 2026, for non-compliance with minimum bid price rule.
Mercer International extends Rosenthal pulp mill shutdown to full September 2026
Mercer Rosenthal maintenance shutdown extended from two weeks to entire month of September 2026.
Mercer International shareholders elect all director nominees, approve say-on-pay, ratify PwC
All nine director nominees elected with over 44.7M votes for each; no significant opposition.
Mercer German units get covenant waivers on €370M revolver; tighter terms imposed
Leverage ratio covenant waived for first three quarters of FY2026; compliance resumes Dec 31, 2026.
Mercer Q1 2026 Operating EBITDA $7.8M, net loss $52.0M; secures covenant waiver on German RCF
Q1 Operating EBITDA of $7.8M (includes $22.0M non-cash inventory impairment) vs $47.1M in Q1 2025.
Mercer Q4 EBITDA -$20.1M; $238.7M impairment on Peace River mill; full-year net loss $497.9M
Q4 Operating EBITDA -$20.1M vs +$99.2M in Q4 2024; net loss $308.7M ($4.61/sh) vs income $16.7M.
Mercer subsidiary and Svante start CO2 capture demonstration at Peace River pulp mill
Demonstration unit operational at Mercer Peace River mill in Alberta, testing Svante solid sorbent technology on biogenic CO₂ from recovery boiler flue gas.
Mercer International reports Q3 2025 net loss of $80.8M; Operating EBITDA negative $28.1M
Operating EBITDA negative $28.1M vs positive $50.5M in Q3 2024; net loss $80.8M ($1.21/share) vs $17.6M prior.
Mercer Q2 2025: net loss $86.1M, negative EBITDA, suspends dividend
Net loss $86.1M ($1.29/share) vs loss $67.6M a year ago; Operating EBITDA negative $20.9M from +$30.4M.
Mercer International shareholders approve all proposals at 2025 annual meeting
All ten director nominees elected, with Juan Carlos Bueno receiving 50,631,843 votes for and 53,127 against.
Mercer Q1 net loss $22.3M; operating EBITDA $47.1M, down from $63.6M YoY
Revenue $507M, down 8% YoY; net loss per share $0.33 vs loss $0.25 in Q1 2024.
Mercer Q4 EBITDA $99.2M, net income $16.7M; dividend $0.075/share
Q4 Operating EBITDA $99.2M vs $21.1M in Q4 2023; net income $0.25/share vs loss $1.31.
Mercer Q3 2024: net loss $17.6M ($0.26/sh); Operating EBITDA +35% to $50.5M
Revenue $502M, up 7% YoY; pulp sales realizations up 22% for NBSK to $814/ADMT.
Mercer issues $200M 12.875% notes due 2028 to redeem $300M 5.5% notes due 2026
Issued $200M additional 12.875% senior notes due 2028 at 103% of principal; yield to worst 11.624%.
Mercer prices $200M add-on of 12.875% senior notes due 2028; to redeem $300M 5.5% notes due 2026
Priced $200M aggregate principal of 12.875% senior notes due 2028 at 103% of par, yield to worst 11.624%.
Add-on offering of $200M senior notes due 2028; same terms as existing 12.875% notes.
Mercer International preliminary Q3 2024: Revenue $502M, net loss $17.6M, EBITDA $50.5M
Revenue $502.1M (up 7% YoY from $470.8M); operating income $8.8M vs. loss of $3.4M YoY.
Peace River mill downtime due to digester failure; NBHK output cut ~45k tonnes
Mechanical failure in digester at Peace River mill; repairs expected mid-October.
Mercer International Q2 net loss $67.6M; pulp realizations up 15% YoY; declares $0.075 dividend
Operating EBITDA improved to $30.4M from negative $68.7M in Q2 2023; net loss $67.6M ($1.01/share).
Mercer shareholders elect all 10 director nominees at 2024 annual meeting
All director nominees elected; highest against votes for Torbjörn Lööf at 1.76M shares.
Mercer Q1 Operating EBITDA surges to $63.6M; net loss narrows; declares $0.075 dividend
Q1 Operating EBITDA of $63.6M vs $27.5M YoY and $21.1M Q4 2023; net loss of $16.7M ($0.25 per share).
Mercer to dissolve Cariboo Pulp JV with West Fraser, expects Q1 impairment
Mercer and West Fraser dissolve 50/50 Cariboo Pulp and Paper JV; West Fraser becomes sole owner/operator.
Executive Chairman Jimmy Lee steps down for health; McCartney Interim Chairman
Jimmy Lee resigns as Executive Chairman and director for personal health reasons, effective Feb 26, 2024.
Mercer International Q4 2023 net loss $87.2M; revenue down 19%; declares $0.075 dividend
Q4 net loss of $87.2M ($1.31/share) vs net income of $20.0M in Q4'22; includes $33.7M non-cash impairment for sandalwood business held for sale.
Mercer Q3 net loss $26.0M ($0.39/sh); Operating EBITDA $37.5M
Revenue $470.8M, down 12% YoY; net loss $26.0M vs income $66.7M in Q3 2022.
Mercer International closes $200M offering of 12.875% senior notes due 2028
Issued $200M aggregate principal of 12.875% senior notes due Oct 1, 2028 at 100% of par.
Mercer International prices $200M senior notes at 12.875% due 2028
$200M aggregate principal of 12.875% senior notes due Oct 1, 2028 issued at par.
$200M senior notes due 2028 to be privately offered; proceeds to repay Canadian revolver and for working capital/capex.
Q2 Operating EBITDA negative $68.7M, net loss $98.3M on $51.4M inventory impairment
Q2 revenue $529.9M (-7% YoY); net loss $98.3M ($1.48/sh) vs net income $71.4M in Q2 2022.
Mercer International posts investor presentation on website; no material updates disclosed in filing
Presentation posted on June 21, 2023; only cover slide included in exhibit.
Mercer shareholders elect all nominees, approve executive compensation and auditor at 2023 meeting
All eleven director nominees elected; top vote getter Thomas Kevin Corrick received 41,364,358 for (99.95% of votes cast).
Mercer receives court approval to acquire Structurlam mass timber assets for $81.1M
Acquisition of substantially all Structurlam assets approved by bankruptcy court; price $81.1M exclusive of break fee and expense reimbursement.
Mercer Q1 2023 net loss $30.6M vs net income $88.9M a year ago; EBITDA $27.5M
Q1 2023 net loss of $30.6M ($0.46 per share) vs net income of $88.9M ($1.35) in Q1 2022.
Mercer International CFO David Ure to resign; Richard Short promoted to CFO effective June 1, 2023
David Ure resigns as CFO, Senior VP, and Secretary effective June 1, 2023; will serve as advisor until August 31, 2023.
Mercer Q4 net income $20M vs $74.5M YoY; FY record $247M; quarterly dividend $0.075
Q4 net income $20.0M ($0.30 diluted EPS) vs $74.5M ($1.12) in Q4 2021; Operating EBITDA $96.1M down 42% YoY.
Mercer files audited FY2021 financials of acquired Wood Holdco; revenue €227M, net income €27.4M
Audited financials of Wood Holdco GmbH for FY2021 show revenue of €227M and net income of €27.4M.
Q3 revenue $532.8M (+13% YoY); net income $66.7M vs $69.1M in Q3 2021.
Mercer completes €270M acquisition of HIT, expanding solid wood operations in Germany
Purchase price of €270 million, inclusive of working capital.
Mercer enters €300M sustainability-linked revolving credit facility, replacing €200M facility
€300M unsecured revolving credit facility with five-year term, replaces prior €200M facility.
Mercer acquires HIT for €270M, expanding solid wood operations in Germany
Purchase price €270M (~$275.4M) includes €43M net working capital; transaction on cash-free, debt-free basis.
Mercer Q2 net income $71.4M, Operating EBITDA $145.1M, announces $0.075 dividend
Net income $71.4M ($1.07 diluted EPS) vs $21.4M in Q2 2021; revenue $572.3M, up 42% YoY.
All 10 director nominees elected, with Jimmy S.H. Lee receiving 54.6M votes for.
Mercer reports Q1 net income $88.9M ($1.34 diluted EPS); CEO Gandossi retiring May 1
Q1 revenues $592.7M (+44% YoY); Operating EBITDA $154.5M vs $82.0M a year ago.
David Gandossi retires as CEO/President effective May 1, 2022; will serve as advisor through Aug 31, 2022.
Mercer Q4 net income $74.5M, record EBITDA $164.9M; dividend raised 15% to $0.075/share
Q4 net income $74.5M ($1.12 diluted EPS) vs net loss $13.0M in Q4 2020; revenue $519.0M (+30% YoY).
Mercer International closes CDN$160M revolving credit facility, replacing CDN$100M facilities
CDN$160M asset-backed revolver closed; replaces two existing CDN$100M facilities.
Mercer Q3 record EBITDA $148.1M, net income $69.1M; declares $0.065 dividend
Q3 net income $69.1M ($1.04 diluted EPS) vs $7.5M; record Operating EBITDA $148.1M vs $45.6M.
William McCartney, who previously served as the lead director of the board of directors of the Company, was appointed as Interim Chairman of the Company.
Jimmy Lee is stepping down as Executive Chairman and director of the Company for personal health reasons, and was appointed Chairman Emeritus of the Company.
Mr. Ure resigned as Chief Financial Officer and Secretary of the Company effective June 1, 2023.
Mr. Short, 55, has been promoted to Chief Financial Officer, Senior Vice President and Secretary of the Company effective June 1, 2023.
Mr. Gandossi will retire as Chief Executive Officer and President of the Company effective May 1, 2022.
In addition, in connection with his retirement, he will not stand for election as a director at the Company's annual meeting of stockholders in 2022.
Mr. Bueno, 53, has been appointed Chief Executive Officer and President of the Company effective May 1, 2022.
Max materiality 0.85 · Median 0.68 · Most common event earnings