Welcome to our dedicated page for Fuller H B news (Ticker: FUL), a resource for investors and traders seeking the latest updates and insights on Fuller H B stock.
H.B. Fuller Company reports developments in its global adhesives, sealants and functional coatings business under NYSE symbol FUL. News commonly covers quarterly and annual results, gross margin trends, pricing and raw-material cost actions, dividends on common stock, and portfolio or footprint initiatives tied to Project Quantum Leap.
The company serves packaging, converting, hygiene, health and beauty, construction, engineering and aerospace-related applications through specialty industrial adhesive technologies. Updates also include manufacturing investments, supply-continuity actions, and customer support for regulated markets such as aviation, space and defense.
H.B. Fuller Company (NYSE: FUL) reported a 12.3% increase in net revenue for Q1 2021, totaling $726 million, aided by strong operational execution and a 10.5% rise in organic revenue. Adjusted EBITDA reached $101 million, up 30% year-over-year, with adjusted EPS nearly doubling to $0.66. The company paid down approximately $16 million in debt and anticipates further reductions alongside a projected revenue growth of high-single digit to low double-digit for the year. Challenges include rising raw material costs, with expected increases of 5% to 8% for the full year.
H.B. Fuller Company (NYSE: FUL) has rescheduled its first quarter 2021 earnings conference call to March 25, 2021, at 11:30 a.m. CDT, a shift from the original timing. The financial results for the three-month period ending February 27, 2021, will be disclosed in a press release on March 24, 2021, after market close. The conference call and the accompanying presentation slides will be available via a live webcast on the company’s website. A telephone replay will be accessible from March 25 through April 1, 2021.
H.B. Fuller Company (NYSE: FUL) will release its financial results for the three-month period ending February 27, 2021, after the market closes on March 24, 2021. A conference call to discuss these results is scheduled for March 25, 2021, at 9:30 a.m. CDT. Interested parties can access the press release and listen to the call via a live webcast on the company’s website. A telephone replay will also be available from March 25, 2021, through April 1, 2021. Founded in 1887, H.B. Fuller is a leading global adhesives provider with 2020 net revenue of $2.8 billion.
H.B. Fuller (NYSE: FUL) has introduced a new high-performance adhesive, Swift® tak 5730, designed for eco-friendly, liquid-resistant paper straws. This innovation aims to support manufacturers as global regulations phase out single-use plastics. Research indicates a 31% CAGR for paper straws in Europe over the next three years, highlighting increasing demand for sustainable solutions. The adhesive enhances productivity by enabling the production of 500 straws per minute and meets safety standards set by the BfR for food contact materials. H.B. Fuller continues to advocate for sustainable practices in the industry.
H.B. Fuller Company (NYSE: FUL) reported its fourth quarter and fiscal year results for 2020, showcasing a 5.2% increase in revenue to $778 million and an adjusted EPS of $1.06, up 21% year-over-year. The company achieved net income of $41 million, driven by strong operational execution and restructuring efficiencies. Full year net revenue was $2.79 billion, down 3.7% compared to 2019, primarily due to COVID-19 impacts. For 2021, H.B. Fuller forecasts low to mid-single digit organic revenue growth and aims to pay down an additional $200 million in debt.
H.B. Fuller Company (NYSE: FUL) has declared a quarterly cash dividend of $0.1625 per share, scheduled for payment on February 18, 2021. Shareholders on record by the close of business on February 4, 2021 will receive this dividend. H.B. Fuller, a longstanding leader in adhesives, reported net revenue of $2.9 billion in fiscal 2019, demonstrating its commitment to innovation and customer connection across various industries.
H.B. Fuller Company (NYSE: FUL) plans to release its financial results for the fiscal year ending November 28, 2020, on January 25, 2021, after market close. A conference call will be held the following day at 9:30 a.m. CST to discuss these results and fiscal year 2021 planning assumptions. Interested parties can access the press release and live conference call via the company's website. The call will also feature a replay option available until February 2, 2021. In fiscal 2019, H.B. Fuller reported net revenue of $2.9 billion.
H.B. Fuller (NYSE: FUL) has launched new adhesive grades with advanced hot melt technology for extreme cold storage of vaccines and medications. The Advantra® adhesives maintain secure bonds at temperatures as low as -70 C. These adhesives are essential for reliable pharmaceutical packaging under stringent storage conditions. The products, including Advantra® 9280 EU and Advantra® BOLD™ 9480, are now available globally. Extensive testing confirms their tamper evident capabilities, demonstrating fiber tear resistance even after prolonged storage at ultra-low temperatures.
H.B. Fuller Company (NYSE: FUL) has elected Teresa Rasmussen and Michael Happe as independent directors to its board, expanding it to 11 members. Rasmussen, CEO of Thrivent, brings extensive experience in organizational transformation, while Happe, CEO of Winnebago Industries, emphasizes growth through a strong corporate culture. Their appointments aim to enhance H.B. Fuller's strategic growth initiatives, supporting its commitment to innovation and market demands. Both directors will serve on the Audit and Compensation Committees, effective November 30, 2020, and January 20, 2021, respectively.
H.B. Fuller Company (NYSE:FUL) has priced a public offering of $300 million in 4.250% Notes due 2028, set to close around October 20, 2020. This offering, priced at 100% of principal, aims to repay a portion of the company's outstanding term loan and fund other corporate needs. Interest will be paid semi-annually. The company is utilizing an effective registration statement filed with the SEC. This move reflects H.B. Fuller's focus on maintaining strong financial health through strategic debt management.