H.B. Fuller reports Q2 adjusted EPS $1.18, consensus $1.08

Reports Q2 reevenue $898M, consensus $900.02M. Commenting on the second quarter, H.B. Fuller (FUL) President and CEO Celeste Mastin said, “Our strong financial performance is a testament to our team’s disciplined execution in a highly dynamic environment, and we are performing better than the underlying markets. We remain nimble and focused on delivering positive organic revenue growth, while managing costs in a deliberate manner and leveraging our global sourcing infrastructure to adeptly respond to geopolitical and market uncertainties. Our EBITDA margin expansion highlights the success of the actions we are taking which include an increased focus on pricing, cost savings efforts, and our active portfolio shift towards higher growth, higher margin markets. While global economic activity remains subdued, we continue to perform well and are raising our full-year outlook to reflect our strong execution.”