Highest-materiality recent filing
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 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 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 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%.
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.
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 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.
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.
Max materiality 0.85 · Median 0.65 · Most common event earnings