Fuller’s Profits Soar on Improving Demand

H.B. Fuller’s net income more than tripled, to $19 million, in its fiscal first quarter ended February 27, on sales up 11%, to $309.4 million. The company cites higher volume, favorable currency exchange rates, and acquisitions, partially offset by lower selling prices. Earnings per share were 38 cts, beating out the analysts’ consensus of 28 cts/share, as reported by Thomson Reuters (New York). “In the first quarter our organic growth trend reversal continued and culminated in the return to positive organic growth, which, coupled with strong...

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