Mercer International (MERC) Q2 FY26 earnings call

Mercer International faced a challenging Q2 FY26, reporting significant negative operating EBITDA and a net loss, primarily due to historically high German fiber costs and weak pulp prices, which led to a substantial inventory impairment. The company is actively evaluating strategic alternatives to enhance liquidity and strengthen its balance sheet, while implementing restructuring plans and cost-saving initiatives to navigate persistent macroeconomic headwinds and improve future profitability.