Mercer Int'l (MERC) Posts Q1 EPS of $0.39

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Mercer International Inc. Reports Record First Quarter Results and Announces Quarterly Cash Dividend of $0.125

May 3, 2018 4:30 PM EDT

 Selected Highlights

Higher pulp sales realizations contributed to record Operating EBITDA* of $99.4 million in the first quarter of 2018; andAfter giving effect to costs of $28.5 million ($0.44 per basic and $0.43 per diluted share) relating to the redemption of senior notes and a NAFTA legal cost award, net income was $25.6 million ($0.39 per share).

NEW YORK, May 03, 2018 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (TSX:MERC.U) today reported strong results for the first quarter ended March 31, 2018. Operating EBITDA*... More