H.B. Fuller Company has announced its financial results for the second quarter of fiscal 2025, reporting a net revenue of $898 million, which marks a 2.1% decrease compared to the same period in the previous year. However, after adjusting for the flooring divestiture, the net revenue actually increased by 2.8% year-on-year. The company's net income for the quarter stood at $42 million, translating to $0.76 per diluted share. On an adjusted basis, net income was $65 million, with an adjusted EPS of $1.18, reflecting a 5% increase year-on-year, primarily driven by higher adjusted net income and a reduction in shares outstanding. H.B. Fuller's adjusted EBITDA for the quarter was $166 million, up 5% from the previous year, with an adjusted EBITDA margin of 18.4%, a rise of 130 basis points year-on-year. This improvement was attributed to favorable pricing, cost savings, and the net benefits from acquisitions and divestitures. The company also reported a cash flow from operations of $111 million, an increase of $29 million year-on-year, and has repurchased approximately one million shares year-to-date. The release notes an increase in full-year guidance for both adjusted EBITDA and adjusted EPS.
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