H.B. Fuller Income Jumps 42% in First Quarter 2018
Net income for the first quarter of 2018 was $47.7 million.
H.B. Fuller Co. recently announced financial results for the first quarter that ended March 3. Net revenue grew 42% in the first quarter of 2018 vs. the first quarter of 2017, reportedly driven by the addition of the Royal business. Net income for the first quarter of 2018 was $47.7 million, compared to net income of $14.8 million in last year’s first quarter.
Net revenue for the first quarter of 2018 was $713.1 million, up 41.7% vs. the first quarter of 2017. Higher volume, customer price, mix, foreign currency translation and acquisitions were all reportedly positive contributors to net revenue growth.