Mercer posts losses from both divisions on the back of lower prices and higher costs

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2023 was not an easy year for US pulp and wood products manufacturer Mercer International. After posting a net profit of $247m in 2022, the firm recorded a net loss of $242m for the period from January to December 2023. Mercer registered a net loss of $87m in the fourth quarter alone, not least due to non-cash impai...

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