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Mercer International ( (MERC) ) has provided an announcement.
Mercer International Inc. reported a significant increase in fourth quarter 2024 Operating EBITDA to $99.2 million, driven by strong softwood pulp prices and favorable currency conditions. The company announced a quarterly cash dividend and has successfully refinanced its senior notes, extending their maturity and reducing long-term debt, which positions it well for future growth amid stable demand and supply constraints in the global softwood market.
More about Mercer International
Mercer International Inc. operates within the pulp industry, focusing on the production and sale of softwood pulp, a key material used in various paper and textile products. The company is positioned in the market with a focus on leveraging strong pulp prices and managing supply constraints to enhance its financial performance.
YTD Price Performance: 1.72%
Average Trading Volume: 276,838
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $449.4M
Learn more about MERC stock on TipRanks’ Stock Analysis page.
