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Chemical Week Magazine :: Business & Finance :: United States/Americas

Fuller’s Profits Soar on Improving Demand

10:32 AM MDT | March 31, 2010 | Nancy Seewald

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...

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