Mercer International Inc. (NASDAQ:MERC) Q4 2024 Earnings Conference Call February 21, 2025 10:00 AM ET
Company Participants
Richard Short – Chief Financial Officer and Secretary
Juan Carlos Bueno – President and Chief Executive Officer
Conference Call Participants
Sean Steuart – TD Cowen
Matthew McKellar – RBC Capital Markets
Hamir Patel – CIBC Capital Markets
Sanford Burns – Stifel Nicolaus
Cole Hathorn – Jefferies
Operator
Good morning, and welcome to Mercer International’s Fourth Quarter 2024 Earnings Conference Call. On the call today is Juan Carlos Bueno, Mercer’s President and Chief Executive Officer; and Richard Short, Mercer’s Chief Financial Officer and Secretary.
I will now hand the call over to Richard.
Richard Short
Thanks, Didi. Good morning, everyone. Thanks for joining us today. I will begin by touching on the financial and operating highlights of the fourth quarter before turning the call to Juan Carlos to provide further color into the markets, our operations and our strategic initiatives.
Also, for those of you that have joined today’s call by telephone, there is presentation material that has been attached to the Investors section of our website. But before turning to our results, I’d like to remind you that we will be making forward-looking statements in this morning’s conference call.
According to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, I’d like to call your attention to the risks related to these statements, which are more fully described in our press release and in the company’s filings with the Securities and Exchange Commission.
This quarter, our operating EBITDA totaled $99 million compared to Q3’s EBITDA of $50 million. The improved quarter-over-quarter results were driven by no days of planned major maintenance downtime compared to 20 days in Q3. The positive impact of a strong dollar and higher NBSK sales volumes. These positive impacts were partially
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