Mercer international inc. reports second quarter and first half 2023 results and announces quarterly cash dividend of $0.075

Selected highlights continued to grow our mass timber business with the acquisition of substantially all of the u.s. and canadian mass timber assets of the structurlam group of companies and ramping up operations and its order book second quarter negative operating ebitda* of $68.7 million and net loss of $98.3 million after giving effect to a non-cash inventory impairment of $51.4 million or $0.77 per share quarterly cash dividend of $0.075 per share new york, aug. 03, 2023 (globe newswire) -- mercer international inc. (nasdaq: merc) today reported second quarter 2023 operating ebitda decreased to negative $68.7 million from positive $145.1 million in the second quarter of 2022 and positive $27.5 million in the first quarter of 2023. in the second quarter of 2023, net loss was $98.3 million (or $1.48 per share) compared to net income of $71.4 million (or $1.08 per basic share and $1.07 per diluted share) in the second quarter of 2022 and a net loss of $30.6 million (or $0.46 per share) in the first quarter of 2023.
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