The third-quarter sales decline was primarily driven by unfavorable weather conditions, which reduced construction activity, and sluggish demand from specialty OEM manufacturing end markets.
H.B. Fuller’s net revenue for the first quarter of 2025 declined 2.7% year-on-year due to unfavorable foreign currency translation and the divestiture of the flooring business.
In posting its 2024 financials, Sika reports a strong performance in a market that remained very challenging, achieving record results and expanding its market share.
In the past fiscal year, Sika achieved record sales of CHF 11.76 billion (approximately $12.83 billion), compared to the previous year of CHF 11.24 billion (approximately $12.26 billion).
H.B. Fuller now expects fiscal year 2024 net revenue to be approximately $3.57 billion and adjusted diluted earnings per share to be approximately $3.84.
Huntsman Corp. recently released its third-quarter 2024 results, reporting revenues of $1,540 million, compared to $1,506 million in the same quarter of 2023.