Mercer Negative EBITDA May Worsen Into Q1 '26 (NASDAQ:MERC)

Mercer International Inc. ( MERC ) presented Q4 '25 results this week. I had not analyzed the company since the Q2 '25 results, when I started covering the name in October 2025 .Long-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive dynamics of the industries where they p ...