H.B. Fuller Second Quarter Net Income Soars, Revenue Remains Flat
H.B. Fuller Co. recently reported financial results for the second quarter that ended June 1. Net income for the second quarter of 2013 was $25.9 million, compared to net income from continuing operations of $5.1 million in last year’s second quarter.
Net revenue for the second quarter of 2013 was $519.0 million, down 1.5% vs. the second quarter of 2012. Higher average selling prices reportedly had a positive impact on net revenue growth by 0.2 percentage points.