H.B. Fuller (FUL) Misses Q1 EPS by 3c, Offers Guidance
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H.B. Fuller Reports First Quarter 2023 Results
March 29, 2023 4:05 PM EDTNet income of $22 million
Adjusted EBITDA of $110 million, at the high-end of the Company's guidance
Pricing and raw material management results in year-on-year gross profit and EBITDA margin expansion
Lower working capital and improved margins drove higher cash flow from operations year-on-year
ST. PAUL, Minn.--(BUSINESS WIRE)-- H.B. Fuller Company (NYSE: FUL) today reported financial results for its first quarter that ended March 4, 2023.
First Quarter 2023 Noteworthy Items:
Net revenue of $809 million, down 5.5%... More