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Chemical Week Magazine :: CW75 Stock Performance
Fuller Reports Fourth-Quarter Gain
11:03 AM MDT | July 25, 2007 | Chemical Week Editorial Staff
H.B. Fuller reported fourth-quarter earnings from continuing operations of $24.7 million (41 cts/share), up 10% over the same period last year. Sales were up slightly, to $395.6 million. Fourth-quarter earnings include a pre-tax charge of $12.3 million related to a separation agreement with former CEO Al Strouken. “We had a fantastic 2006 on top of a strong performance in 2005,” says Michele Volpi, president and CEO. “We beat our expectations and are optimistic for the future,” Volpi says. Fuller expects its full-year 2007 earnings per...
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