H.B. Fuller Co. recently reported financial results for the first quarter that ended March 4, 2017. Net income for the first quarter of 2017 was $14.8 million, vs. net income of $18.9 million in last year’s first quarter.
Net revenue for the first quarter of 2017 was $503.3 million, up 6.1% vs. the first quarter of 2016. Higher volume and acquisitions reportedly had a positive impact on net revenue growth offset by negative mix and negative foreign currency translation. Constant currency revenue grew by 9.6% year over year. Organic revenue, defined as constant currency revenue, less the impact from acquisitions, was up 6%.
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Top 5 News that Sticks for April 9-15
1. H.B. Fuller First Quarter 2017 Revenue Rises 6%
2. Epoxy Curing Agents Market Worth $5 Billion by 2022
3. PPG Reiterates Invitation to AkzoNobel to Discuss Merger