Mercer International Inc. reports first quarter 2025 results and announces quarterly cash dividend of $0.075

Selected Highlights

• First quarter Operating EBITDA* of $47.1 million (net loss of $22.3 million) compared to $63.6 million (net loss of $16.7 million) in the same quarter of 2024
• Continue to implement cost reduction and operational efficiency initiatives targeting approximately $100 million in savings by the end of 2026
• The first quarter of 2025 included annual planned maintenance downtime at the Celgar mill compared to no such downtime in the first quarter of 2024

NEW YORK, NY, May 1, 2025

Mercer International Inc. (Nasdaq: MERC) today reported first quarter 2025 Operating EBITDA of $47.1 million, a decrease from $63.6 million in the same quarter of 2024 and $99.2 million in the fourth quarter of 2024.

In the first quarter of 2025, net loss was $22.3 million ($0.33 per share) compared to $16.7 million ($0.25 per share) in the first quarter of 2024 and net income of $16.7 million ($0.25 per share) in the fourth quarter of 2024.

Mr. Juan Carlos Bueno, Chief Executive Officer, stated: „There was continued strength in pulp markets and an improving lumber pricing environment in the first quarter of 2025. However, our operating results in the quarter were negatively impacted by annual planned maintenance downtime at our Celgar mill and the impact of the weaker dollar against the euro.

You can review the remainder of the results in greater detail here.