H.B. Fuller’s Revenue Jumps 37.9% in Third Quarter
H.B. Fuller Co. recently reported financial results for the third quarter ended September 1, 2012. Net income from continuing operations was $24.6 million, compared to $22.2 million in last year’s third quarter.
Net revenue for the 2012 third quarter was $500.5 million, up 37.9% vs. the third quarter of 2011. Higher average selling prices, higher volume and acquisitions positively impacted net revenue growth by 3.3, 1.7 and 38.0 percentage points, respectively. Negative foreign currency translation reduced net revenue growth by 5.1 percentage points. Organic revenue grew by 5% year-over-year.