MERCER INTERNATIONAL INC. (NASDAQ:MERC) Files An 8-K Results of Operations and Financial ConditionItem 2.02.
The information furnished under Item 2.02 of this Current Report shall not be deemed to be “filed” for the purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
On February15, 2018, Mercer International Inc. (the “Company”) announced by press release the Company’s results for its fourth quarter and year ended December31, 2017. A copy of the Company’s press release is furnished as Exhibit 99.1 to this Current Report.
On February15, 2018, the Company announced by press release that a quarterly cash dividend of $0.125 per share will be paid on April4, 2018 to all shareholders of record on March28, 2018. A copy of the Company’s press release is furnished as Exhibit 99.1 to this Current Report.
Item 2.02. | Financial Statements and Exhibits. |
Exhibit No. |
Description |
99.1 |
Press release dated February15, 2018 |
MERCER INTERNATIONAL INC.
FORM 8-K
EXHIBIT INDEX
ExhibitNumber |
Description |
99.1 |
Press release dated February15, 2018 |
MERCER INTERNATIONAL INC. ExhibitEX-99.1 2 d564921dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 For Immediate Release MERCER INTERNATIONAL INC. ANNOUNCES RECORD 2017 FOURTH QUARTER AND NEAR RECORD YEAR END RESULTS AND QUARTERLY CASH DIVIDEND OF $0.125 Selected Highlights Higher pulp prices and sales volumes contributed to very strong 2017 fourth quarter and year end net income of $41.7 million and $70.5 million and record Operating EBITDA* of $89.1 million in the current quarter and $252.3 million for 2017; Record pulp,…To view the full exhibit click here
About MERCER INTERNATIONAL INC. (NASDAQ:MERC)
Mercer International Inc. is engaged in producing (northern bleached softwood kraft) NBSK pulp. The Company operates in the pulp industry and produces pulp for resale, known as market pulp, in Germany. It also produces and sells tall oil, which is used as both a chemical additive and as a green energy source. The Company operates over two mills in Eastern Germany and approximately one mill in Western Canada. The Company’s NBSK pulp mills include Rosenthal mill, which is located in the town of Blankenstein, Germany, approximately 300 kilometers south of Berlin; Stendal Mill, which is located near the town of Stendal, Germany, approximately 130 kilometers west of Berlin, and Celgar Mill, which is located near the city of Castlegar, British Columbia, Canada, over 600 kilometers east of Vancouver. The Company’s NBSK pulp mills has an annual production capacity of approximately 1.5 million air-dried metric tons (ADMTs) of NBSK pulp and generates over 305 megawatts (MW) of electricity.