H.B. Fuller cuts expenses, doubles Q2 profit

ST. PAUL, MN -- H.B. Fuller Company's net revenue of $25.1 million in its second quarter, compared to $11.0 million for the same period a year before.

While gross profit margin improved 10 basis points, theH.B. Fuller was able to reduce G&A expenses by 19.7% of net revenue, the company's lowest level since 2008,
The company also said it completed the acquisition of the Liquamelt adhesive business.

Posted by RIch Christianson


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