Mercer Int'l (MERC) Misses Q2 EPS by 9c, Revenues Beat

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Go back to Mercer Int'l (MERC) Misses Q2 EPS by 9c, Revenues Beat

Mercer International Inc. Reports Strong 2018 Second Quarter Results and Announces Quarterly Cash Dividend of $0.125

July 26, 2018 4:30 PM EDT

Selected Highlights

Major Annual Maintenance totaling 37 days (55,400 ADMTs) completed at Celgar and Stendal millsStrong pulp and lumber price realizations in the quarterSecond Quarter Net Income of $16.8 million ($0.26 per share) and Operating EBITDA* of $60.5 million.

NEW YORK, July 26, 2018 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported strong results for the second quarter ended June 30, 2018 due to higher pulp and lumber sales realizations. Operating EBITDA in the current quarter was $60.5 million... More