Mercer: significant improvement in sales and earnings

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Canadian pulp producer Mercer posted significantly improved results for its fiscal year 2014. The Vancouver-based company, which reports its results in US dollars, posted EBITDA of $239.8m, more than twice the 2013 figure of $110.3m. Operating income rose to $161.8m from $31.7m. Following a net loss of $26.4m in 2013, ...

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