H.B. Fuller fourth-quarter profits slip 5%

H.B. Fuller reported net income of $25.1 million for its fiscal fourth-quarter ended 1 December 2012, down 5% year-on-year (YOY), as expenses increased 24%. Adjusted earnings of 64 cts/share were 14% higher YOY and beat a consensus of analysts' estimates of 56 cts/share, as reported by Thomson Reuters (New York). Revenue increased 28%, to $513 million. When excluding incremental revenue from Fuller's acquisition of industrial adhesives maker Forbo—the largest acquisition in Fuller's history—net revenue was flat. "The results we...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers