Mercer Q2 FY26 net loss widens to US$76 million; operating EBITDA turns to loss of US$21 million
MERC•Pulp segment pressured by higher fiber costs
Pulp segment operating EBITDA fell to a loss of US$13 million from a profit of US$7 million, driven by higher fiber costs in Germany.
Quarterly loss widens as EBITDA turns negative
Mercer International posted a Q2 FY26 net loss of US$76 million, widening from a US$52 million loss in Q1.
Loss per share widened to US$1.13 from US$0.78. Results included a US$29 million non-cash inventory impairment.
Operating EBITDA, a non-GAAP measure, swung to a loss of US$21 million from a profit of US$8 million in Q1.
Liquidity declines as management reviews strategic options
Management engaged advisors to evaluate strategic alternatives to enhance liquidity and address debt maturities.
Liquidity slipped to US$192 million from US$229 million.
