Deutsche Bank Upgrades HB Fuller (FUL) to Buy
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/27/2026
Go back to Deutsche Bank Upgrades HB Fuller (FUL) to Buy
June 25, 2014 5:26 PM EDT
H.B. Fuller Company (NYSE: FUL) announced today that it has signed an agreement to purchase Tonsan Adhesive, Inc. With this acquisition, H.B. Fuller will add strong customer relationships in high-value, fast-growing engineering adhesives markets, state-of-the-art manufacturing facilities, and strong product and technology development capabilities. With a solid record of growth and proven technical expertise, Tonsan's current annual revenue is about $100 million with normalized EBITDA of just under $20 million.
Engineering adhesives make up approximately 30 percent of... More
June 25, 2014 5:26 PM EDT
H.B. Fuller Co. (NYSE: FUL) reported Q2 EPS of $0.78, in-line with the analyst estimate of $0.78. Revenue for the quarter came in at $544 million versus the consensus estimate of $545.18 million.
"During the second quarter we reached historic milestones toward our strategic plan with the closure of a major European production site in May, our initial go-live on... More
