(USA) Mercer International Inc. (Nasdaq: MERC, TSX: MRI.U) has reported improved 2008 first quarter results. Revenues and Operating EBITDA in the first quarter of 2008 increased to euro 179.1 million (U.S.$268.8 million) and euro 32.8 million (U.S.$49.4 million) from euro 169.5 million (U.S.$222.1 million) and euro 28.3 million (U.S.$37.1 million), respectively, in the first quarter of 2007, primarily because of higher prices and sales volumes, along with lower wood costs partially offset by a weaker U.S. dollar.
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