Mercer International reported a 9% decrease in revenues to US-$458 million in the third quarter of 2025 (Q3 2024: US-$502 million). The pulp and lumber producer’s operating EBITDA fell to -US-$28.1 million (Q3 2024: +US-$50.5 million). Net loss amounted to US-$80.8 million (Q3 2024: US-$17.6 million). The Solid Wood segment benefited from higher prices but remained unprofitable, mainly due to weaker demand for CLT and glulam. The focus remains on reducing costs, securing liquidity, and stabilizing operations.