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H.B. Fuller Company - FUL STOCK NEWS

Welcome to our dedicated page for H.B. Fuller Company news (Ticker: FUL), a resource for investors and traders seeking the latest updates and insights on H.B. Fuller Company stock.

H.B. Fuller Company (symbol: FUL) is a global leader in adhesives, sealants, and other specialty chemical products, dedicated to enhancing the quality and functionality of everyday products. Established with a mission to connect what matters, H.B. Fuller plays a crucial role in various industries, ensuring the quality and convenience of modern life.

Core Business

The company's operations are organized into three main segments:

  • Hygiene, Health, and Consumable Adhesives: This segment generates the highest revenue, producing thermoplastic, thermoset, reactive, water-based, and solvent-based adhesives for packaging, converting, nonwoven, hygiene products like disposable diapers, feminine care items, and medical garments.
  • Engineering Adhesives: Focused on high-performance adhesive solutions for applications in the automotive, aerospace, and electronics industries.
  • Construction Adhesives: Provides a range of adhesive and sealant products for commercial and residential construction projects.

Recent Achievements and Projects

H.B. Fuller has continually innovated, launching new adhesive solutions that meet stringent industry standards and sustainability goals. The company has forged strategic partnerships and expanded its global footprint, ensuring a robust supply chain and reliable customer service.

Financial Condition

With around half of its revenue generated in the United States, H.B. Fuller has maintained a strong financial position. This stability allows the company to invest in research and development, enhancing its product offerings and maintaining its competitive edge.

Partnerships and Products

The company's collaborations span multiple industries, underscoring its commitment to delivering high-performance adhesive solutions. From the glue holding together cereal boxes to the seals in refrigerators and specialty adhesives in disposable diapers, H.B. Fuller's products are integral to various consumer goods, yet often go unnoticed.

Commitment to Quality and Service

H.B. Fuller prides itself on delivering reliable and responsive technical service, ensuring customer satisfaction and long-lasting partnerships. The company's innovative solutions address some of the world's most complex adhesion challenges, adding significant value to its clients.

News
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H.B. Fuller Company declares quarterly dividend of $0.205 per share
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H.B. Fuller reports Q3 2023 financial results; net revenue down 4.3% YoY; adjusted EBITDA up 13% YoY; adjusted gross profit margin expands 350 bps YoY to 30.0%; cash flow from operations increases $50 million YoY to $108 million.
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H.B. Fuller Company (FUL) will report its financial results for the three-month fiscal period ended September 2, 2023, on September 27, 2023. An investor conference call will be held on September 28, 2023, at 9:30 a.m. CT to discuss the results.
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H.B. Fuller Company (NYSE: FUL) has made significant progress towards its 2025 sustainability targets, reporting ahead of schedule achievements in reducing energy, greenhouse gas emissions, waste, and water intensity. The company's 2022 Sustainability Report highlights strong performance and recognition for responsible operations, as well as advancements in digital platforms, sustainable innovations, diversity and inclusion, and community enrichment.
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H.B. Fuller Company is implementing a strategic restructuring to expedite the integration of recently acquired Beardow Adams and drive operational improvements. This includes closing three manufacturing facilities, redistributing production, and optimizing global manufacturing and supply chain operations. The restructuring costs approximately $20 million and is expected to result in annualized cost savings of $20 million.
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H.B. Fuller Company (NYSE: FUL) has announced an increase in its quarterly cash dividend from $0.19 to $0.205 per share, marking an 8% increase and the 54th consecutive year of dividend increases. This dividend will be payable on May 4, 2023, to shareholders of record as of April 20, 2023. In fiscal year 2022, H.B. Fuller reported net revenues of $3.75 billion, demonstrating its commitment to innovation and sustainable adhesive solutions across various industries.

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FAQ

What is the current stock price of H.B. Fuller Company (FUL)?

The current stock price of H.B. Fuller Company (FUL) is $68.16 as of December 20, 2024.

What is the market cap of H.B. Fuller Company (FUL)?

The market cap of H.B. Fuller Company (FUL) is approximately 3.8B.

What does H.B. Fuller Company do?

H.B. Fuller Company provides adhesives, sealants, and specialty chemical products for various industries, enhancing product quality and convenience.

What are the main segments of H.B. Fuller's business?

The company's business is organized into three segments: Hygiene, Health, and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives.

Where does H.B. Fuller generate most of its revenue?

H.B. Fuller generates around half of its revenue in the United States.

What industries does H.B. Fuller serve?

H.B. Fuller serves multiple industries, including packaging, automotive, aerospace, electronics, construction, and hygiene products.

What are some products made using H.B. Fuller adhesives?

Products include packaging materials, nonwoven hygiene products like diapers, feminine care items, medical garments, and seals for refrigerators.

How does H.B. Fuller ensure customer satisfaction?

The company provides reliable and responsive technical service, ensuring effective solutions and customer satisfaction.

Has H.B. Fuller received any recent achievements or launched new projects?

Yes, the company has launched innovative adhesive solutions meeting industry standards and sustainability goals, expanding its global footprint.

What is H.B. Fuller's commitment to quality?

H.B. Fuller is committed to delivering high-performance, reliable adhesive solutions, ensuring the quality of everyday products and consumer satisfaction.

Does H.B. Fuller work with other companies?

Yes, H.B. Fuller has strategic partnerships across various industries to deliver high-performance adhesive solutions.

Why are H.B. Fuller’s products important despite being invisible?

Although often unseen, H.B. Fuller's adhesives and sealants are integral to the quality and functionality of many everyday products.

H.B. Fuller Company

NYSE:FUL

FUL Rankings

FUL Stock Data

3.77B
54.43M
0.32%
98.79%
2.22%
Specialty Chemicals
Adhesives & Sealants
Link
United States of America
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