H.B. Fuller Co. recently reported financial results for the second quarter that ended May 28.
H.B. Fuller Co. recently reported financial results for the second quarter that ended May 28. Net income for the second quarter of 2016 was $33.3 million, vs. income from continuing operations of $26.5 million in last year’s second quarter.
Net revenue for the second quarter of 2016 was $532.5 million, down 1.5% vs. the second quarter of 2015. Higher volume positively impacted net revenue growth by 1 percentage point. Lower average selling prices and negative foreign currency reportedly translation negatively impacted net revenue growth by 1.4 and 1.1 percentage points, respectively. Constant currency revenue decreased by 0.4% year-over-year.