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Mercer(MERC) - 2024 Q2 - Quarterly Results
2024-08-08 20:32
EXHIBIT 99.1 For Immediate Release MERCER INTERNATIONAL INC. REPORTS SECOND QUARTER AND FIRST HALF 2024 RESULTS AND ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.075 Selected Highlights • Second quarter Operating EBITDA* of $30.4 million and net loss of $67.6 million • Strengthened pulp markets drive improvement in operating cash flows and liquidity • Quarterly cash dividend of $0.075 per share NEW YORK, NY, August 8, 2024 ‑ Mercer International Inc. (Nasdaq: MERC) today reported second quarter 2024 Operating EBI ...
Mercer International Inc. Reports Second Quarter and First Half 2024 Results and Announces Quarterly Cash Dividend of $0.075
GlobeNewswire News Room· 2024-08-08 20:30
Selected Highlights Second quarter Operating EBITDA* of $30.4 million and net loss of $67.6 million Strengthened pulp markets drive improvement in operating cash flows and liquidity Quarterly cash dividend of $0.075 per share NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported second quarter 2024 Operating EBITDA of $30.4 million, an increase from negative Operating EBITDA of $68.7 million in the same quarter of 2023 and a decrease from Operating EBITDA of $63 ...
Mercer International Inc. Announces Conference Call for Second Quarter 2024 Results
GlobeNewswire News Room· 2024-07-23 20:30
To join the live call and ask a question, a participant must register by either desktop or mobile using the following URL: https://register.vevent.com/register/BId10c345db6124ea7a79d60a561590e1d Once registered, participants will receive a dial-in number and unique PIN number to access the call or can select the dial-out "Call Me" option to connect their phone instantly. Participants are advised to go to the website at least 15 minutes prior to the call to register. The conference call will be available to ...
Mercer International Inc. Receives Improved ESG Risk Rating from Sustainalytics
Newsfilter· 2024-07-17 20:30
NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. ("Mercer" or the "Company") (Nasdaq: MERC), a global forest products company with operations in Germany, the U.S. and Canada, announces that it has received an ESG Risk Rating of 17.4 from Sustainalytics. This rating places Mercer in the low-risk group and the 20th percentile of the 16,215 companies rated worldwide. The rating marks a 4.0-point improvement since 2023, underscoring Mercer's ongoing commitment to sustainability and effectiv ...
Mercer International Inc. Receives Improved ESG Risk Rating from Sustainalytics
GlobeNewswire News Room· 2024-07-17 20:30
Notably, in the Sustainalytics assessment, Mercer received a "Strong" rating for its management of ESG issues. Additionally, Mercer achieved "Low" ESG Risk ratings in critical areas such as water use, emissions, and carbon. Additionally, Mercer achieved "Negligible Risk" scores in the areas of community relations, corporate governance and human capital categories. These achievements reflect progress in workforce development, sustainable sourcing, environmental stewardship, and community engagement, undersco ...
Mercer International Receives SFI President's Award for Promoting Mass Timber and SFI Certification in the Supply Chain
GlobeNewswire News Room· 2024-06-05 15:25
"Mercer's leadership is driving real change when it comes to realizing mass timber market opportunities. They exemplify collaboration in the supply chain to ensure that the building sector understands sustainable procurement policies and the role of SFI certification. I'm thrilled to see how this has led to the inclusion of SFI certification in procurement policies," said Kathy Abusow, President and CEO of SFI. Some of the notable successes Mercer has had in encouraging SFI inclusion in supply chains includ ...
Mercer International Inc. Releases 2023 Sustainability Report
Newsfilter· 2024-05-27 20:30
NEW YORK, May 27, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. ("Mercer" or the "Company") (Nasdaq: MERC) -- a global forest products company, today released its 2023 Sustainability Report. The report, titled "Fit for Future: Transition and Transformation" sets out Mercer's progress toward its 2030 environmental goals and other sustainability commitments, practices and accomplishments for 2023. Juan Carlos Bueno, President and CEO of Mercer, stated, "The 2023 Sustainability Report demonstrates our ded ...
Mercer International Inc. Releases 2023 Sustainability Report
globenewswire.com· 2024-05-27 20:30
NEW YORK, May 27, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. ("Mercer" or the "Company") (Nasdaq: MERC) -- a global forest products company, today released its 2023 Sustainability Report. The report, titled "Fit for Future: Transition and Transformation" sets out Mercer's progress toward its 2030 environmental goals and other sustainability commitments, practices and accomplishments for 2023. Juan Carlos Bueno, President and CEO of Mercer, stated, "The 2023 Sustainability Report demonstrates our ded ...
Mercer International: Rising Pulp Prices Could Help Price The Stock Higher (Technical Analysis)
seekingalpha.com· 2024-05-21 17:30
Mercer's pulp segment was the main sequential driver of EBITDA improvement in Q1, contributing $36 million to the total $42 million improvement in the quarter. As we see below, there has been a marked improvement in pulp prices over the past two quarters in both the European & North American markets. The Chinese market continues to buck the trend here which may mean that its elevated ongoing level of exports may be distorting the pricing of pulp here to some degree. fabphoto/E+ via Getty Images Intro We wro ...
Despite Fast-paced Momentum, Mercer International (MERC) Is Still a Bargain Stock
Zacks Investment Research· 2024-05-13 13:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...