Mercer International Inc. reported a net loss of $76.0 million, or $1.13 per share, for the second quarter ended June 30, 2026, compared to a net loss of $86.1 million in the prior year period. Operating EBITDA was negative $21.0 million, including a non-cash inventory impairment of $29.0 million driven by low pulp prices and high fiber costs. The company is implementing operational restructuring at its Torgau facility, including a workforce reduction of approximately 350 positions through the second quarter of 2027. Management has engaged advisors to evaluate strategic alternatives to address debt maturities and strengthen the capital structure, with ongoing discussions regarding senior notes. Additionally, the 'One Goal One Hundred' cost savings program achieved $13.0 million in the quarter, bringing total savings to approximately $54.0 million since April 2025. Mercer International Inc. is a global forest products company producing pulp, lumber, and biofuels.
