Headlines

H.B. Fuller Reports 9% Increased First Quarter Revenue

March 30, 2011
/ Print / Reprints /
ShareMore
/ Text Size+

H.B. Fuller Co. recently reported financial results for the first quarter ended February 26, 2011. Net income for the first quarter of 2011 was $14.4 million, compared to $19 million in last year’s first quarter. Net revenue for the first quarter of 2011 was $339.5 million, up 9.7% vs. the first quarter of 2010. Higher average selling prices, higher volume and acquisitions reportedly had a positive impact on net revenue growth by 6.8, 2.2 and 1.7 percentage points, respectively.

“We are pleased with the results of the first quarter,” said Jim Owens, president and CEO. “We continued our growth momentum with organic revenue up 9% from last year. While raw material costs continued to rise in the quarter, our gross margin improved sequentially due to a combination of pricing actions, reformulation and product substitution that were executed efficiently by the entire organization.”

For more information, visit www.hbfuller.com.

Did you enjoy this article? Click here to subscribe to Adhesives & Sealants Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

In-Depth Features

These articles detail advantages and innovations for multiple end uses.

Podcasts

ExxonMobil Tackifier Expansion

Dwight Tozer, vice president of ExxonMobil’s Adhesion Industry business, discusses the company’s latest tackifier expansion project with Editor-in-Chief Susan Sutton.

More Podcasts

THE MAGAZINE

Adhesives & Sealants Industry Magazine

ASI April 2014 cover

2014 April

Our April issue focuses on pressure-sensitive adhesives, including a preview of PSTC's 2014 Tape Summit, as well as converting/packaging and composites!

Table Of Contents Subscribe

THE ADHESIVES STORE

handbook-sealant-tech.gif
Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

asi1211p_Cover-DE.gifASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40  youtube_40pxlinkedin_40