FUL Stock Discussion (Fuller H B Co)

Ancora raises proposed price for H.B. Fuller adhesives unit to as much as $1.4 billion

Ancora increased its proposed cash price for H.B. Fuller ($FUL)’s Building Adhesive Solutions business to between $1.2 billion and $1.4 billion. The shareholder and investment firm previously proposed $1.1 billion to $1.2 billion, an approach rejected by Fuller’s board. Ancora said it has obtained a “highly confident” letter from Fortress Investment Group concerning the debt financing required for the transaction. The revised proposal creates a potential route to monetize a substantial operating

FUL

@tickerstat1 month ago

H.B. Fuller lifts quarterly earnings as pricing offsets weaker volumes

H.B. Fuller ($FUL) reported third-quarter revenue of approximately $938 million, up 5.2%, with organic sales growing 4.4%. Pricing rose 7.4%, offsetting lower volumes. Adjusted earnings increased 21% to $1.52 per share, while adjusted EBITDA rose 9% to $187 million. Its 19.9% adjusted EBITDA margin widened by 80 basis points, showing improved earnings conversion despite uneven demand. The adhesives manufacturer’s full-year outlook calls for adjusted EBITDA of $655–670 million and adjusted earnin