Mercer International Inc. reports third quarter 2025 results

Selected Highlights

• Third quarter Operating EBITDA* of negative $28.1 million (net loss of $80.8 million), including a non-cash inventory impairment of $20.4 million, compared to positive $50.5 million (net loss of $17.6 million) in the same quarter of 2024
• Combined industry wide challenges stemming from the global economic and trade environment, higher fiber costs and pulp grade substitution intensified in the third quarter of 2025
• Continued execution of our “One Goal One Hundred” program, targeting $100 million in cost savings and operational efficiency actions by the end of 2026 and taking additional steps aimed at improving liquidity through further cost reductions, lowering capital expenditures in 2026 and other working capital measures

NEW YORK, NY, November 6, 2025 Mercer International Inc. (Nasdaq: MERC) today reported third quarter 2025 Operating EBITDA of negative $28.1 million, a decrease from positive $50.5 million in the same quarter of 2024 and negative $20.9 million in the second quarter of 2025.

In the third quarter of 2025, net loss was $80.8 million ($1.21 per share) compared to $17.6 million ($0.26 per share) in the same quarter of 2024 and $86.1 million ($1.29 per share) in the second quarter of 2025.

Mr. Juan Carlos Bueno, Chief Executive Officer, stated: “In the third quarter of 2025, persistent global economic and trade uncertainties, fiber scarcity in Germany as well as the impact of pulp substitution accelerated the decline in pulp market demand and pricing, which negatively impacted our operating results and contributed to a $20.4 million non-cash inventory impairment charge in the quarter.

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