Holmen’s interim report January-June 2017

Mercer International Inc. reported fourth quarter 2020 Operating EBITDA increased to $49.5 million from negative $34.2 million in the fourth quarter of 2019 and $45.6 million in the third quarter of 2020. In the fourth quarter of 2020, net loss was $13.0 million (or $0.20 per share) compared to a net loss of $72.7 million (or $1.11 per share) in the fourth quarter of 2019 and net income of $7.5 million (or $0.11 per share) in the third quarter of 2020. In 2020, Operating EBITDA decreased by 8% to $192.7 million from $210.4 million in 2019 and the net loss was $17.2 million (or $0.26 per share) compared to $9.6 million (or $0.15 per share) in 2019.

Resolute Forest Products Inc. reported net income for the quarter ended June 30 of $256 million, compared to net income of $268 million, in the same period in 2021. Sales were $1,058 million in the quarter, a decrease of $82 million from the year-ago period. Excluding special items, the company reported net income of $155 million, compared to net income of $300 million, in the second quarter of 2021. The company reported operating income of $217 million in the quarter, compared to $235 million in the first quarter. The $18 million variation mainly reflects higher shipments ($47 million) across all segments, more than offset by higher manufacturing costs ($55 million), mainly related to fiber ($25 million) and maintenance ($19 million) costs, as well as energy prices ($7 million).

U.S. purchases of total printing-writing papers increased nine percent in January compared to the same month last year. Total U.S. printing-writing paper inventory levels increased one percent in January 2022 when compared to December 2021. *Uncoated free sheet (UFS) paper shipments decreased three percent compared to January 2021 while the inventory level increased two percent compared to December 2021. UFS imports and exports both decreased compared to December 2020, down eight percent and 13 percent respectively. *U.S. purchases of coated free sheet (CFS) papers in January increased 29 percent compared to last January while the inventory level remained essentially flat (+0.4 percent) compared to December 2021. CFS imports increased 58 percent while exports decreased eight percent in December 2021. *Coated mechanical (CM) paper shipments increased nine percent compared to January 2021 while the inventory level decreased six percent compared to December 2021. CM imports increased 24 percent while exports decreased 20 percent in December 2021. *U.S. purchases of uncoated mechanical (UM) papers in January increased eight percent compared to last January while the inventory level increased six percent compared to December 2021. UM imports and exports both increased compared to December 2020, up 21 percent and 18 percent respectively.