BUZZ-H.B. Fuller rises after upbeat quarterly results

Reuters
03-27
BUZZ-H.B. Fuller rises after upbeat quarterly results

** 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;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10