Mercer International

Subsidiary Mercer Peace River Pulp is receiving C$20 million from the Canadian government via PrairiesCan under the Regional Tariff Response Initiative to modernize the mill in northern Alberta. The funding consists of C$1 million non-repayable and C$19 million repayable, with repayment beginning in 2031. The capital is intended to increase productivity and competitiveness and to support measures for bioenergy expansion and CO2 capture and storage. » More on de.investing.com

The Canadian government is granting Mercer Peace River Pulp, the pulp mill subsidiary of Mercer International, C$20m in support through PrairiesCan under the Regional Tariff Response Initiative, consisting of a C$1m grant and a C$19m repayable contribution with repayments starting in 2031. The funds are intended to implement a transformation plan to increase productivity, modernize the facility and prepare for bioenergy generation and CO2 capture and storage, and will complement ongoing CO2 capture demonstration work. After the announcement, Mercer International’s stock rose by around 45% in after-hours trading. » More on de.investing.com

Mercer International reported Q1 2026 EPS of -$0.78 (forecast -$0.55) and revenue of $489.3 million (forecast $493.82 million). Operating EBITDA rose to $8 million, yet there was a consolidated net loss of $52 million and liquidity fell by $201 million to $229 million. The stock fell 6.31% after the figures; the company expects Q2 EPS of -$0.56 and revenue of $497.98 million and is relying on cost reductions through the One Goal 100 program. » More on de.investing.com