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Mercer International Inc. Reports Strong 2018 Third Quarter Results and Announces Quarterly Cash Dividend of $0.125

Mercer Intl, Inc (MERC)  More Company Research Source: GlobeNewswire
Last mercer intl, inc earnings: 5/2 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: mercerint.com/investors
PDF Selected Highlights Third quarter net income of $41.2 million ($0.63 per share) and Operating EBITDA* of $86.7 millionStable pulp price realizations in the quarterCompleted majority of 2018 annual pulp mill maintenance and capital spending NEW YORK, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported strong results for the third quarter ended September 30, 2018 due to higher pulp sales realizations. Operating EBITDA in the current quarter was $86.7 million compared to $64.3 million in the third quarter of 2017 and $60.5 million in the second quarter of 2018. For the third quarter of 2018, net income was $41.2 million, or $0.63 per share, compared to net income of $21.1 million, or $0.33 per basic and $0.32 per diluted share, for the third quarter of 2017 and $16.8 million, or $0.26 per share, in the prior quarter of 2018. Mr. David M. Gandossi, the Chief Executive Officer, stated: "Our agreements to acquire Daishowa-Marubeni International Lt [Read more]

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