Brief: H.B. Fuller Reports Second Quarter 2023 Results

H.B. Fuller

28/06/2023 21:57

H.B. Fuller Company  FUL.N :
    * H.B. FULLER REPORTS SECOND QUARTER 2023 RESULTS
    * QTRLY NET REVENUE OF $898 MILLION, DOWN 9.6% YEAR-ON-YEAR
    * QTRLY REPORTED EPS DILUTED WAS $0.73
    * QTRLY ADJUSTED EPS DILUTED WAS $0.93
    * ADJUSTED EBITDA FOR FISCAL 2023 IS STILL EXPECTED TO BE IN
RANGE
OF $580 MILLION TO $610 MILLION
    * BOTH NET REVENUE AND ORGANIC REVENUE FOR FISCAL 2023 ARE
NOW
EXPECTED TO BE DOWN 3% TO 5% VERSUS FISCAL 2022
    * FOR 2023 ADJUSTED EPS DILUTED IS NOW EXPECTED TO BE IN
RANGE OF
$3.80 TO $4.20
    * OPERATING CASH FLOW IN FISCAL 2023 IS NOW EXPECTED TO BE
BETWEEN
$325 MILLION AND $375 MILLION
    * Q2 EARNINGS PER SHARE VIEW $1.04, REVENUE VIEW $969.6
MILLION --
REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW $4.15, REVENUE VIEW $3.75
BILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw79bKLva 
Further company coverage:  FUL.N