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H.B. Fuller Company (FUL) provides essential adhesives and sealants for industries ranging from packaging to construction. This news hub offers investors and professionals centralized access to official updates shaping this global specialty chemicals leader.
Track earnings announcements, product innovations, and sustainability initiatives alongside strategic partnerships impacting hygiene, engineering adhesives, and industrial manufacturing sectors. Our curated feed ensures timely updates on developments affecting global supply chains and adhesive technology advancements.
Discover press releases detailing advancements in water-based formulations, nonwoven adhesives, and construction sealants. Monitor corporate milestones reflecting H.B. Fuller’s commitment to solving complex adhesion challenges through technical expertise and R&D investments.
Bookmark this page for efficient tracking of material developments in consumer packaging adhesives, health-focused solutions, and operational expansions. Stay informed about regulatory updates and market positioning through verified primary sources.
H.B. Fuller Company (NYSE: FUL) has announced an increase in its quarterly cash dividend from $0.19 to $0.205 per share, marking an 8% increase and the 54th consecutive year of dividend increases. This dividend will be payable on May 4, 2023, to shareholders of record as of April 20, 2023. In fiscal year 2022, H.B. Fuller reported net revenues of $3.75 billion, demonstrating its commitment to innovation and sustainable adhesive solutions across various industries.
H.B. Fuller Company (NYSE: FUL) reported first-quarter results, revealing a net income of $22 million and adjusted EBITDA of $110 million, at the high end of guidance. Total net revenue reached $809 million, down 5.5% year-on-year, attributed to a 2.5% drop in organic revenue due to lower volumes, despite favorable pricing that contributed 8.3 percentage points to organic growth.
The company initiated a restructuring plan aimed at cost savings of $30 to $35 million, while cash flow from operations improved by $23 million compared to last year. The forecast for full-year adjusted EBITDA remains $580 million to $610 million.
H.B. Fuller Company (NYSE: FUL) will report its financial results for the fiscal quarter ending March 4, 2023, in a press release on March 29, 2023, after market close. An investor conference call will take place on March 30, 2023, at 9:30 a.m. CT (10:30 a.m. ET) to discuss these results. Interested parties can access a live webcast through the company's website and must register in advance. A replay of the call will be available from 12:30 p.m. CT on March 30 until April 6, 2023. H.B. Fuller, established in 1887, focuses on providing innovative adhesive solutions, generating $3.75 billion in net revenue in fiscal 2022.
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