Industry News

H.B. Fuller Reports 2Q 2014 Results

Net revenue for the first half of 2014 was $1.03 billion, up 3.1 percent

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By: DAVID SAVASTANO

Editor, Ink World Magazine

H.B. Fuller Company reported financial results for the second quarter that ended May 31, 2014.   Volume increased 5% compared to the prior year;
Selling, General and Administrative (SG&A) expenses were tightly controlled, up less than 3% despite absorbing higher than planned Project ONE implementation costs;
Adjusted diluted EPS of $0.781 was up 16% versus last year;
On track to substantially complete business integration by the end of the third quarter 2014;
Project ONE proceeding; North Am...

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