Mercer International (MERC) has released an update.
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Mercer International reported a significant increase in its third-quarter Operating EBITDA, reaching $50.5 million, despite a net loss of $17.6 million. The company benefitted from a strong softwood pulp market but faced challenges due to unplanned downtime affecting production. A quarterly cash dividend of $0.075 per share was also announced.
For further insights into MERC stock, check out TipRanks’ Stock Analysis page.
