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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 (NYSE: FUL) has declared a quarterly cash dividend of $0.1675 per share, payable on July 29, 2021, to shareholders on record by July 15, 2021. This marks the 53rd consecutive year of cash dividends paid, indicating strong financial performance and shareholder commitment. In fiscal 2020, the company reported net revenue of $2.8 billion. H.B. Fuller has established itself as a leader in adhesives and specialty chemicals, focusing on innovation and customer connections across various industries.

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H.B. Fuller (NYSE: FUL) has entered into a distribution agreement with Jubilant Agri and Consumer Products Limited to enhance its adhesive solutions in the B2B woodworking market. This partnership aims to meet the increasing demand for adhesives by leveraging both companies' strengths in product innovation and sustainability. The collaboration will enable H.B. Fuller to provide advanced adhesive technologies, including water-based and hot melt solutions, while allowing Jubilant to expand its market presence across India. This strategic move is expected to enhance customer service and production quality in woodworking applications.

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H.B. Fuller reported a strong second quarter for fiscal 2021, with revenues of $828 million, up 22.7% year-over-year. Organic revenue increased 18.8%, with notable growth in Engineering and Construction Adhesives. Net income reached $49 million, translating to $0.90 per diluted share, while adjusted EPS rose 38% to $0.94. Adjusted EBITDA also improved by 21% to $122 million. Despite challenges from raw material costs, the company is on track to meet its $200 million debt reduction goal for the year, aided by effective pricing strategies and operational efficiencies.

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H.B. Fuller Company (NYSE: FUL) will announce its financial results for the three-month period ending May 29, 2021, in a press release on June 23, 2021, after market close. A conference call will take place on June 24, 2021, at 9:30 a.m. CT (10:30 a.m. ET) to discuss these results. Interested investors can access the live webcast on the company's website. A telephone replay of the call will be available from June 25 through July 2, 2021, using Conference ID: 9378807. The company generated $2.8 billion in revenue for fiscal 2020.

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H.B. Fuller (NYSE: FUL) has introduced the FullVision™ Equipment and Data-Analytics Consulting Service, designed for bookbinding quality assurance. This innovative platform aims to enhance efficiency, production control, and cost management for softcover book manufacturers. By monitoring adhesive application rates in real-time, it helps prevent costly waste and operational delays, with potential savings of up to $12,000 for every two hours of rework. The service includes custom reports and actionable insights to improve product quality and productivity.

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H.B. Fuller (NYSE: FUL) has achieved the Food Safety System Certification (FSSC 22000) for its Lüneburg plant in Germany, enhancing its status as a key manufacturing site in Europe. This certification, recognized by the Global Food Safety Initiative (GFSI), underscores the company's commitment to food safety amid rising concerns due to the COVID-19 pandemic. The Lüneburg site has undergone significant upgrades to improve its packaging and hygiene capabilities, producing essential adhesives for the food and beverage industry. Key product lines certified include Advantra® and Swift®.

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H.B. Fuller Company (NYSE: FUL) has declared a quarterly cash dividend of $0.1675 per share, payable on May 6, 2021 to shareholders recorded by April 22, 2021. This dividend marks a 3% increase over the prior quarter and signifies the 52nd consecutive year of dividend growth, reflecting H.B. Fuller's commitment to returning value to its shareholders. The company achieved $2.8 billion in net revenue for fiscal 2020, demonstrating its strong market presence and ongoing investment in innovation.

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H.B. Fuller (NYSE: FUL) has launched two new compostable adhesive solutions under the Flextra™ Evolution brand, designed for the flexible packaging market. The adhesives, Flextra™ Evolution SF1000CP/XR2000CP and Flextra™ Evolution WB1200CP/XR2200CP, aim to address sustainability demands by being fully compostable. The products boast beneficial features like excellent adhesion and minimal environmental impact during composting. These developments align with the industry's shift toward circular economy practices, enhancing H.B. Fuller's competitive positioning in a growing market focused on eco-friendly solutions.

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H.B. Fuller Company (NYSE: FUL) reported a 12.3% increase in net revenue for Q1 2021, totaling $726 million, aided by strong operational execution and a 10.5% rise in organic revenue. Adjusted EBITDA reached $101 million, up 30% year-over-year, with adjusted EPS nearly doubling to $0.66. The company paid down approximately $16 million in debt and anticipates further reductions alongside a projected revenue growth of high-single digit to low double-digit for the year. Challenges include rising raw material costs, with expected increases of 5% to 8% for the full year.

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H.B. Fuller Company (NYSE: FUL) has rescheduled its first quarter 2021 earnings conference call to March 25, 2021, at 11:30 a.m. CDT, a shift from the original timing. The financial results for the three-month period ending February 27, 2021, will be disclosed in a press release on March 24, 2021, after market close. The conference call and the accompanying presentation slides will be available via a live webcast on the company’s website. A telephone replay will be accessible from March 25 through April 1, 2021.

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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 $62.77 as of January 24, 2025.

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

The market cap of H.B. Fuller Company (FUL) is approximately 3.4B.

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

3.42B
54.48M
0.32%
98.72%
2.42%
Specialty Chemicals
Adhesives & Sealants
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United States of America
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