Mercer International Inc. (MERC) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.636 Good morning and welcome to Mercer's International 00:00:03.636 -- 00:00:07.581 First Quarter 2025 Earnings Conference Call. 00:00:07.581 -- 00:00:12.668 On the call today is Juan Carlos Bueno, Mercer's President and Chief Executive 00:00:12.668 -- 00:00:18.817 Officer, and Richard Short, Mercer's Chief Financial Officer and Secretary. 00:00:18.817 -- 00:00:22.282 I will now hand the call over to Richard. You may go ahead. 00:00:22.282 -- 00:00:27.149 Thanks, Lacey. Good morning, everyone. Thanks for joining the call today. 00:00:27.149 -- 00:00:31.295 I will begin by touching on the financial and operating highlights of the first quarter 00:00:31.295 -- 00:00:35.521 before turning the call to Juan Carlos to provide further color into the markets, our 00:00:35.521 -- 00:00:39.304 operations, and our strategic initiatives. 00:00:39.407 -- 00:00:43.253 Also, for those of you that have joined today's call by telephone, there is a presentation 00:00:43.253 -- 00:00:47.980 material that we've attached to the investor section of our website. 00:00:47.980 -- 00:00:51.705 But before turning to our results, I would like to remind you that we will be making 00:00:51.705 -- 00:00:55.043 forward-looking statements in this morning's conference call. 00:00:55.043 -- 00:00:59.787 According to the safe harbor provisions of the Private Securities Mitigation Reform Act 00:00:59.787 -- 00:01:01.709 of 1995, I'd 00:01:01.709 -- 00:01:05.192 like to call your attention to the risks related to these statements, which are more 00:01:05.192 -- 00:01:09.335 fully described in our press release and in the company's filings with the Securities 00:01:09.335 -- 00:01:11.878 and Exchange Commission. 00:01:11.878 -- 00:01:17.443 This quarter, our EBITDA was $47 ...