Mercer International Inc. (MERC) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to Mercer International's second quarter 2026 earnings conference call. On the call today is Juan Carlos Bueno, President and Chief Executive Officer of Mercer International, and Richard Short, CFO and Secretary. I will now hand the call over to Richard Short. Thanks, Howard. Good morning, everyone. Thanks for joining us today. I will begin by touching on the financial and operating highlights of the second 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 we have attached to the investor section of our website. But before turning to our results, I would like to remind you that we will make 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. In response to persistent economic uncertainty and challenging market conditions, we are currently working with advisors and are actively evaluating strategic alternatives to enhance our liquidity and strengthen our balance sheet. Juan Carlos will have more to say about these efforts shortly. We also added disclosure to our financial statements regarding our status as a going concern. This disclosure stems from the classification of our revolving credit facilities to current liabilities. Our Canadian revolving credit facility matures in January 2027 and we currently believe we will be able to renegotiate or replace ...