H.B. Fuller Co. recently reported financial results for the second quarter of 2018 , which ended June 2. Net revenue for the quarter was $789.4 million, an increase of 40.5% vs. the second quarter of 2017. Proforma organic revenue growth, including Royal, increased approximately 3.5% year-over-year, driven by pricing, which made up about 3%, and volume/mix, which comprised about 0.5%.
Net income for the second quarter of 2018 was $44.5 million, compared to net income of $25.9 million in the second quarter of 2017.
“We had a very strong second quarter, driven by solid revenue growth and robust pricing momentum, which helped us deliver $123 million of EBITDA,” said Jim Owens, president and CEO. “We remain committed to strengthening the performance of both the core legacy H.B. Fuller businesses and our recently acquired businesses.”
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