H.B. Fuller rises after upbeat quarterly results

H.B. Fuller

26/03/2025 21:33

** Shares of adhesive manufacturing and specialty chemical company H.B. Fuller FUL.N up 7.4% at $58.35 in aftermarket trade

** Co beats Q1 revenue and adjusted profit estimates, according to data compiled by LSEG

** Quarterly organic revenue increased 1.9% YOY, driven by improved volume, while net revenue fell 2.7% on impacts of foreign currency translation and divestiture of its flooring business

** Says raw material cost inflation has started to moderate

** As we look ahead, we remain cautious given weak overall market demand and unpredictable geopolitical conditions around the globe - CEO Celeste Mastin

** FUL has fallen 20% YTD, as of last close

 (Reporting by Neil J Kanatt in Bengaluru)

 ((Neil.JKanatt@thomsonreuters.com;))