Mercer international inc. reports fourth quarter and year end 2023 results and announces quarterly cash dividend of $0.075

Selected highlights fourth quarter operating ebitda* of $21.1 million and net loss of $87.2 million full year 2023 operating ebitda of $17.5 million and net loss of $242.1 million continued to ramp up and build out the order book of our mass timber business in 2023 quarterly cash dividend of $0.075 per share new york, feb. 15, 2024 (globe newswire) -- mercer international inc. (nasdaq: merc) today reported that operating ebitda in the fourth quarter of 2023 was $21.1 million compared to $96.1 million in the same quarter of 2022 and $37.5 million in the third quarter of 2023. in the fourth quarter of 2023, net loss was $87.2 million (or $1.31 per share), which included a non-cash impairment of $33.7 million (or $0.51 per share) relating to the classification of our sandalwood business as held for sale, compared to net income of $20.0 million (or $0.30 per share) in the fourth quarter of 2022 and net loss of $26.0 million (or $0.39 per share) in the third quarter of 2023.
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