H.B. Fuller rises after upbeat quarterly results
ReutersMar 26, 2025 9:33 PM
Shares of adhesive manufacturing and specialty chemical company H.B. Fuller FUL.N up 7.4% at $58.35 in aftermarket trade
Co beats Q1 revenue and adjusted profit estimates, according to data compiled by LSEG
Quarterly organic revenue increased 1.9% YOY, driven by improved volume, while net revenue fell 2.7% on impacts of foreign currency translation and divestiture of its flooring business
Says raw material cost inflation has started to moderate
As we look ahead, we remain cautious given weak overall market demand and unpredictable geopolitical conditions around the globe - CEO Celeste Mastin
FUL has fallen 20% YTD, as of last close
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