Mercer(MERC) - 2024 Q1 - Quarterly Results
MERCMercer(MERC)2024-05-10 04:32

EXHIBIT 99.1 For Immediate Release MERCER INTERNATIONAL INC. REPORTS FIRST QUARTER 2024 RESULTS AND ANNOUNCES QUARTERLY CASH DIVIDEND OF 0.075SelectedHighlightsFirstquarterOperatingEBITDAof0.075 Selected Highlights • First quarter Operating EBITDA* of 63.6 million and net loss of 16.7millionImprovingpulpmarketsandlowercostsdrivingstrongerEBITDAQuarterlycashdividendof16.7 million • Improving pulp markets and lower costs driving stronger EBITDA • Quarterly cash dividend of 0.075 per share NEW YORK, NY, May 9, 2024 ‑ Mercer International Inc. (Nasdaq: MERC) today reported first quarter 2024 Operating EBITDA of 63.6million,anincreasefrom63.6 million, an increase from ...