H.B. Fuller reported lower volume in the first quarter due to continued customer destocking actions in Construction Adhesives and generally slower economic demand conditions across all business units.
3M reported fourth-quarter and full-year 2022 results on Tuesday, January 24, and also provided its 2023 financial outlook, which includes plans to reduce its global manufacturing workforce.
Sika has released its 2022 financial report. According to the report, Sika performed well against an increasingly difficult economic backdrop with CHF 10.49 billion in sales.
RPM’s sales included 12.4% organic growth, 1.0% growth from acquisitions, and foreign currency translation headwinds of 4.1%. The company reports its fiscal 2023 second-quarter adjusted EBIT was driven by strong sales growth, as well as MAP 2025 benefits, primarily from manufacturing and commercial improvement initiatives.