Net income for the first quarter of 2017 was $14.8 million.
H.B. Fuller Co. recently reported financial results for the first quarter that ended March 4, 2017. Net income for the first quarter of 2017 was $14.8 million, vs. net income of $18.9 million in last year’s first quarter.
Net revenue for the first quarter of 2017 was $503.3 million, up 6.1% vs. the first quarter of 2016. Higher volume and acquisitions reportedly had a positive impact on net revenue growth offset by negative mix and negative foreign currency translation. Constant currency revenue grew by 9.6% year over year. Organic revenue, defined as constant currency revenue, less the impact from acquisitions, was up 6%.