Brief: Hb Fuller Co Currently Expects To Incur Costs Of About $15.0 Million To $20.0 Million In Implementing Restructuring Plan

H.B. Fuller

30/03/2023 14:48

March 30 (Reuters) - H.B. Fuller Company  FUL.N :
    * HB FULLER CO -  IN IMPLEMENTING RESTRUCTURING PLAN,
CURRENTLY
EXPECTS TO INCUR COSTS OF ABOUT $15.0 MILLION TO $20.0 MILLION
    * HB FULLER CO - RESTRUCTURING PLAN WILL BE IMPLEMENTED
BEGINNING
IN Q2 OF FISCAL YEAR 2023
    * HB FULLER CO - RESTRUCTURING PLAN CURRENTLY EXPECTED TO BE
COMPLETED DURING FISCAL YEAR 2025
    * HB FULLER - COSTS TO BE SPREAD ACROSS NEXT SEVERAL FISCAL
QTRS
WITH MAJORITY OF CHARGES RECOGNIZED & CASH PAYMENTS OCCURRING IN
FISCAL 2023 AND 2024

Further company coverage:  FUL.N 

 ((Reuters.Briefs@thomsonreuters.com;))