Mercer International Inc. reported Q1 2025 net loss was $22.3 million ($0.33 per share) compared to $16.7 million ($0.25 per share) in the Q1 2024 and net income of $16.7 million ($0.25 per share) in the Q4 2024.
Total revenues for the Q1 2025 decreased by approximately 8% to $507.0 million from $553.4 million in the same quarter of 2024 primarily due to lower pulp sales volumes partially offset by higher pulp and lumber sales realizations.
In the Q1 2025, Operating EBITDA decreased to $47.1 million from $63.6 million in the same quarter of 2024 primarily as a result of higher planned maintenance downtime and higher per unit fiber costs partially offset by higher pulp and lumber sales realizations and the positive impact of a stronger dollar on our Canadian dollar and euro denominated costs and expenses.
Juan Carlos Bueno, Chief Executive Officer, stated: “There was continued strength in pulp markets and an improving lumber pricing environment in the Q1 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.”
Mercer International Inc. is a global forest products company with operations in Germany, USA and Canada.
