Thursday 31. July 2008
Mercer International Inc. Reports 2008 Second Quarter Results
Mercer International Inc. (NASDAQ:MERC) (NASDAQ:TSX:) (NASDAQ:MRI.U) today reported results for the second quarter of 2008. Revenues and Operating EBITDA in the second quarter of 2008 decreased to euro 170.6 million (U.S.$266.5 million) and euro 19.8 million (U.S.$30.9 million) from euro 176.6 million (U.S.$238.1 million) and euro 25.0 million (U.S.$33.7 million), respectively, in the second quarter of 2007, primarily due to the continued weakness of the U.S. dollar which more than offset pulp list price improvements and higher sales and production volumes.