H.B. Fuller Co. reported financial results for its fourth-quarter and fiscal-year that ended December 3, 2022. Net revenue for fiscal-year 2022 was $3.75 billion, up 14% versus fiscal-year 2021. Organic revenue was up 17% year-on-year, with volume up 1% and the rest of the increase driven by higher year-on-year pricing. Unfavorable foreign currency exchange rates reduced net revenue growth by 5.8%, acquisitions increased net revenue growth by 1.6 %, and the extra week in the fiscal-year increased net revenue growth by 2%.
Net income attributable to H.B. Fuller for fiscal 2022 was $180 million, or $3.26 per diluted share. Adjusted net income attributable to H.B. Fuller was $221 million, or $4.00 per diluted share, up 15% compared to $3.47 per diluted share, in fiscal-year 2021. Adjusted EBITDA for fiscal-year 2022 was $530 million, up 14% versus adjusted EBITDA of $467 million in fiscal-year 2021.