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HB Fuller Co (FUL.N)

FUL.N on New York Stock Exchange

51.48USD
23 Feb 2018
Change (% chg)

$-0.35 (-0.68%)
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Latest Key Developments (Source: Significant Developments)

H.B. Fuller Reports Q4 Loss Of $0.15/Share
Tuesday, 23 Jan 2018 10:49pm EST 

Jan 24 (Reuters) - HB Fuller Co ::H.B. FULLER REPORTS FOURTH QUARTER AND FISCAL YEAR 2017 RESULTS.Q4 REVENUE ROSE 18 PERCENT TO $678.2 MILLION.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $3.10 TO $3.40 EXCLUDING ITEMS.Q4 LOSS PER SHARE $0.15.Q4 EARNINGS PER SHARE VIEW $0.84 -- THOMSON REUTERS I/B/E/S.SEES MORE THAN 30 PERCENT REVENUE GROWTH IN 2018 VERSUS 2017 FISCAL YEAR​.‍ORGANIC GROWTH ON PROFORMA REVENUE EXPECTED TO BE 6 TO 7 PERCENT FOR 2018 VERSUS 2017 FISCAL​.‍EXPECT CAPITAL EXPENDITURES TO BE AROUND $90 MILLION IN 2018, WHICH INCLUDES ABOUT $15 MILLION FOR INTEGRATION RELATED CAPITAL EXPENDITURES​.  Full Article

HB Fuller Co entered into term loan credit agreement ‍on Oct. 20​
Friday, 20 Oct 2017 04:38pm EDT 

Oct 20 (Reuters) - HB Fuller Co ::HB Fuller Co - ‍on October 20, co entered into a term loan credit agreement​.HB Fuller Co - ‍credit agreement provides for a new $2.2 billion term loan facility​.HB Fuller - ‍loans under term facility will rank Pari Passu in right of payment, security with loans under $400 million secured revolving credit agreement​.  Full Article

HB Fuller expects to amend credit facility to permit Royal Adhesives & Sealants deal
Thursday, 28 Sep 2017 11:00am EDT 

Sept 28 (Reuters) - Hb Fuller Co ::Expect to finance Royal Adhesives & Sealants deal,repayment at closing of term loan,private placement notes,with about $2.15 billion new financing​.Expect amending existing revolving credit facility,to permit Royal Adhesives & Sealants deal, add collateral securing co obligations-SEC filing​.  Full Article

H.B. Fuller reports third quarter 2017 results
Wednesday, 27 Sep 2017 09:30pm EDT 

Sept 27 (Reuters) - HB Fuller Co - :HB Fuller reports third quarter 2017 results.Q3 adjusted earnings per share $0.65.Q3 earnings per share view $0.67 -- Thomson Reuters I/B/E/S.Q3 earnings per share $0.49.Q3 revenue $562.9 million versus i/b/e/s view $555.3 million.Sees FY 2017 adjusted earnings per share $2.57 to $2.62.Narrowing 2017 adjusted eps guidance.Narrowed 2017 eps guidance reflects short term impact of hurricane Harvey.Expect capital investments to be around $50 million - below our previously announced $60 million in 2017.Constant currency growth, on a comparable 52-week basis, is now expected to be around 10 percent for 2017 versus 2016 fiscal year.  Full Article

American Securities agrees to sell Royal Ddhesives & Sealants to H.B. Fuller Company
Monday, 4 Sep 2017 09:45pm EDT 

Sept 5 (Reuters) - American Securities - :American Securities announces agreement to sell Royal Adhesives & Sealants to H.B. Fuller Company.American Securities LLC - Entered into a definitive agreement to sell Royal Adhesives & Sealants to H.B. Fuller Company for $1.575 billion.  Full Article

H.B. Fuller to buy Royal Adhesives & Sealants for $1.58 bln
Monday, 4 Sep 2017 08:09pm EDT 

Sept 4 (Reuters) - HB Fuller Co :H.B. Fuller announces agreement to acquire Royal Adhesives & Sealants.HB Fuller co says agreed purchase price is $1,575 million.H.B. Fuller intends to finance transaction through new debt financing.HB Fuller co says upon closing transaction, H.B. Fuller will be a company with nearly $2.9 billion in revenue.Identified $35 million in cost synergies, $15 million in growth synergies expected to be realized over next 3 years as result of merger.  Full Article

H.B. Fuller Co agrees to purchase Adecol
Tuesday, 18 Jul 2017 09:00am EDT 

July 18 (Reuters) - HB Fuller Co ::H.B. Fuller Company agrees to purchase Adecol.HB Fuller - signed an agreement to purchase adhesives company, Adecol Ind. Química, Limitada In Brazil.HB Fuller Co - company has agreed to pay 8 times the 2016 EBITDA for business.H.B. Fuller company agrees to purchase adecol‍​.  Full Article

HB Fuller sets regular quarterly cash dividend of $0.15/share
Thursday, 13 Jul 2017 01:21pm EDT 

July 13 (Reuters) - HB Fuller Co ::Sets regular quarterly cash dividend of $0.15 per share.  Full Article

H.B. Fuller reports Q2 adjusted earnings per share $0.62
Wednesday, 28 Jun 2017 08:29pm EDT 

June 28 (Reuters) - H.B. Fuller Co :Reports second quarter 2017 results.Q2 adjusted earnings per share $0.62.Q2 earnings per share view $0.67 -- Thomson Reuters I/B/E/S.Q2 earnings per share $0.50.Q2 revenue $561.7 million versus i/b/e/s view $571.8 million.Sees FY 2017 adjusted earnings per share $2.57 to $2.67.Says adjusted EBITDA for fiscal year 2017 is expected to be between approximately $290 million and $300 million.Expect to invest approximately $60 million in capital items in 2017.Says expect 2017 to provide another strong positive step forward in delivering 2020 strategic commitments.  Full Article

HB Fuller says co, foreign units enter into credit agreement
Tuesday, 18 Apr 2017 03:19pm EDT 

April 18 (Reuters) - HB Fuller Co ::On April 12, 2017, co and certain of its foreign subsidiaries entered into a credit agreement - SEC filing.New credit agreement is intended to replace credit agreement dated as of October 31, 2014.New credit agreement establishes $400 million multi-currency revolving credit facility and a $100.0 million term credit facility.Term facility was drawn in full on April 12, 2017 and used to pay $100.0 million then outstanding under prior credit agreement.New credit agreement expires on April 12, 2022, at which time all outstanding loans under credit facilities mature.Company may use credit facilities to repay certain existing indebtedness among other things.  Full Article

BRIEF-H.B. Fuller Reports Q4 Loss Of $0.15/Share

* H.B. FULLER REPORTS FOURTH QUARTER AND FISCAL YEAR 2017 RESULTS