Pulp Sales Volume Increase
Pulp sales volumes in the third quarter increased by 26,000 tonnes to 453,000 tonnes.
Strong Liquidity Position
At the end of the third quarter, Mercer's liquidity position totaled $376 million, comprised of about $98 million of cash and $278 million of undrawn revolvers.
One Goal One Hundred Initiative Progress
Mercer expects to achieve $30 million in cost savings and reliability improvements by the end of 2025 as part of their initiative to improve profitability by $100 million by the end of 2026.
Mass Timber Business Growth
Mass timber operations have developed a healthy order book with about $80 million in backlog and are expected to see improved results in 2026.