Mercer International Inc. reports its 3Q 2012 results
Nov 02, 2012. Mercer International Inc. reported results for the third quarter ended September 30, 2012. Operating EBITDA in the third quarter of 2012 was Euro 22.3 million ($27.9 million), compared to Euro 49.2 million ($69.5 million) in the third quarter of 2011 and Euro 32.9 million ($42.2 million) in the second quarter of 2012.
Nov 02, 2012. /Lesprom Network/. Mercer International Inc. reported results for the third quarter ended September 30, 2012. Operating EBITDA in the third quarter of 2012 was Euro 22.3 million ($27.9 million), compared to Euro 49.2 million ($69.5 million) in the third quarter of 2011 and Euro 32.9 million ($42.2 million) in the second quarter of 2012, as the company said in the press release received by Lesprom Network.
For the third quarter of 2012, we had a net loss of Euro 9.7 million ($12.1 million), or Euro 0.17 ($0.21) per basic share, compared to net income of Euro 8.4 million ($11.9 million), or Euro 0.15 ($0.21) per basic share, in the third quarter of 2011 and net income of Euro 1.5 million ($1.9 million), or Euro 0.03 ($0.04) per basic share, for the second quarter of 2012.
Mr. Jimmy S.H. Lee, President and Chairman, said: "During the third quarter of 2012, NBSK pulp prices remained generally weak. Despite this, we generated Operating EBITDA of Euro 22.3 million, primarily as a result of strong pulp sales volumes and energy sales in the quarter."