Mercer International Inc. Releases 2024 Sustainability Report NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) -- Mercer International Inc. (“Mercer” or the “Company”) (Nasdaq: MERC), a global forest products company, today released its 2024 Sustainability Report, Fit for Future: Transition and Transformation. The report outlines, among other things, the Company’s progress towards its 2030 sustainability goals. Juan Carlos Bueno, President and CEO, stated: “In 2024, we applied the same operational discipline to our sustainability efforts that we bring to all areas of our business. We focused on ...
A director at Mercer International Inc bought 7,000 shares at 3.616USD and the significance rating of the trade was 50/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two year...
Western Forest Products Inc. Announces Results of Annual General and Special Meeting of Shareholders VANCOUVER, British Columbia, May 07, 2025 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announces the following voting results in respect of its Annual General and Special Meeting of Shareholders (the “Meeting”) held today. Election of Directors Western’s shareholders voted today to re-elect the following directors to Western’s Board of Directors: Name of NomineeVotes For% ForVotes Against% AgainstLaura A. Cillis171,838,84082.50%36,442,27517.50%...
Western Announces First Quarter 2025 Results VANCOUVER, British Columbia, May 06, 2025 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) reported improved financial results in the first quarter of 2025, as compared to the same period last year. Net income was $13.8 million in the first quarter of 2025, as compared to a net loss of $8.0 million in the first quarter of 2024, and a net loss of $1.2 million in the fourth quarter of 2024. Adjusted EBITDA was $3.5 million in the first quarter of 2025, as compared to negative $4.2 million in the first quart...
Western Forest Products Amends and Extends $250 Million Credit Facility VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announced today the amendment and extension of its current $250 million syndicated credit facility. The maturity date of the credit facility has been extended to July 21, 2028. The credit facility is subject to certain financial covenants and the security provided thereunder remains unchanged. A copy of the amended credit facility agreement will be filed under the Company’s profile on SEDA...
Mercer International Inc. Reports First Quarter 2025 Results and Announces Quarterly Cash Dividend Of $0.075 Selected Highlights First quarter Operating EBITDA* of $47.1 million (net loss of $22.3 million) compared to $63.6 million (net loss of $16.7 million) in the same quarter of 2024Continue to implement cost reduction and operational efficiency initiatives targeting approximately $100 million in savings by the end of 2026The first quarter of 2025 included annual planned maintenance downtime at the Celgar mill compared to no such downtime in the first quarter of 2024 NEW YORK, May 01,...
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Mercer International Inc. Announces Conference Call for First Quarter 2025 Results NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its first quarter results for the period ending March 31, 2025 on Thursday, May 1, 2025, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer and Richard Short, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, May 2, 2025, at 10:00 am ET to discuss the results. The conference call will be available to interested parties live over the Internet th...
Western Forest Products Inc. to Seek Authorization for Share Consolidation at Upcoming Annual and Special Meeting of Shareholders VANCOUVER, British Columbia, April 07, 2025 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announced today that it has issued a Notice of Annual and Special Meeting of Shareholders to be held on May 7, 2025 (the “Annual and Special Meeting”), in which shareholders will be asked to consider a special resolution authorizing an amendment to the Company’s articles of amalgamation to effect a share consolidation of the issue...
Western Forest Products Inc. Announces Release Date of First Quarter 2025 Results and Conference Call Details VANCOUVER, British Columbia, April 01, 2025 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) first quarter 2025 financial and operating results will be released on Tuesday, May 6, 2025. Western will host its first quarter 2025 analyst conference call on Wednesday, May 7, 2025 at 12:00 p.m. PDT (3:00 p.m. EDT). Steven Hofer, President and Chief Executive Officer, Glen Nontell, Chief Financial Officer and Bruce Alexander, Senior Vice Preside...
Mercer International Inc. Reports Fourth Quarter 2024 and Year End 2024 Results and Announces Quarterly Cash Dividend of $0.075 Selected Highlights Fourth quarter Operating EBITDA* increased to $99.2 million (net income of $16.7 million) from $50.5 million (net loss of $17.6 million) in the third quarter of 2024Full year 2024 Operating EBITDA increased to $243.7 million (net loss of $85.1 million) from $17.5 million (net loss of $242.1 million) in 2023Refinanced our former 2026 Senior Notes, extending the maturity of our earliest senior notes to 2028, and decreased our long-term debt by ov...
Western Announces Fourth Quarter and Fiscal 2024 Results VANCOUVER, British Columbia, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announced today improved fourth quarter and fiscal 2024 results compared to the same period last year. Adjusted EBITDA was $14.4 million in the fourth quarter of 2024, as compared to negative $1.2 million in the fourth quarter of 2023, and negative EBITDA of $10.7 million in the third quarter of 2024. Adjusted EBITDA was $8.9 million for fiscal 2024, as compared to negative $29.9 million in fiscal 2023...
Western Forest Products and Eastwood Forests, LLC Complete the Sale of Private Land on Northern Vancouver Island VANCOUVER, British Columbia, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) and Eastwood Forests, LLC (“Eastwood”) announced today that Western has completed the sale of approximately 14,500 hectares of fee simple land on northern Vancouver Island in British Columbia (“BC”), Canada to a Canadian affiliate of the Eastwood Climate Smart Forestry Fund I LP for $69.2 million. “Eastwood has a dedicated focus on delivering clim...
Mercer International Inc. Announces Conference Call for Fourth Quarter 2024 Results NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its fourth quarter results for the period ending December 31, 2024 on Thursday, February 20, 2025, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer and Richard Short, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, February 21, 2025, at 10:00 am ET to discuss the results. The conference call will be available to interested parties live over...
New Collective Agreement Ratified by United Steelworkers Employees VANCOUVER, British Columbia, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announced today that its hourly employees represented by United Steelworkers Local 1- 1937 (“USW”) have voted to ratify a new collective agreement, replacing the collective agreement that expired on June 14, 2024. The new six-year collective agreement has a retroactive effective date of June 15, 2024, will expire June 14, 2030 and provides for the following general wage increases: Year 14%Yea...
Mercer International Inc. to Present at Upcoming CIBC Investor Conference NEW YORK, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Juan Carlos Bueno, President and Chief Executive Officer, and Richard Short, Chief Financial Officer & Secretary, will be presenting at the following upcoming conference: 28th Annual CIBC Western Institutional Investor ConferenceWednesday, January 22, 2025 - Friday, January 24, 202Fairmont Chateau Whistler, 4599 Chateau Boulevard, Whistler, British ColumbiaFireside chat at 11:40 a.m. PST on Wednesday, January 2...
Western Forest Products Inc. Announces Release Date of Fourth Quarter and Fiscal 2024 Results and Conference Call Details VANCOUVER, British Columbia, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) fourth quarter and fiscal 2024 financial and operating results will be released on Thursday, February 13, 2025. Western will host its fourth quarter and fiscal 2024 analyst conference call on Friday, February 14, 2025 at 9:00 a.m. PST (12:00 p.m. EST). Steven Hofer, President and Chief Executive Officer, Glen Nontell, Chief Financial Off...
A director at Louisiana-Pacific Corp sold 2,500 shares at 113.495USD and the significance rating of the trade was 50/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years ...
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