Core Points - The presentation is led by John Corkrean, the Executive VP & CFO of H.B. Fuller, during the Investor Day event [1] - The company emphasizes the importance of safety and provides emergency instructions for attendees [1] - Forward-looking statements will be made during the presentation, indicating that actual results may differ from projections [2] - The company will discuss non-GAAP measures such as adjusted EBITDA and organic revenue to provide a clearer picture of business performance [2] - Attendees are reminded to silence their phones during the presentation [2]

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...

H.B. Fuller Company (NYSE: FUL) 2025 Investor Day Summary Company Overview - H.B. Fuller is the world's largest pure play adhesives company, focusing on accelerating growth, elevating its portfolio, and leading the industry through innovation and operational excellence [6][10][14]. Industry Insights - The adhesives and sealants industry is valued at $80 billion, with H.B. Fuller and two other public companies accounting for 25% of the market [14][17]. - Adhesives represent less than 2% of the end product cost but are critical for manufacturability and performance [15]. - The industry is highly fragmented, with many small private companies, providing consolidation opportunities for H.B. Fuller [18][19]. Strategic Focus - H.B. Fuller aims for greater than 20% EBITDA margins through strategic initiatives, including: - Share gains and product differentiation through innovation [56]. - Cost and capacity optimization via the Quantum Leap project, which involves closing 27 of 82 plants and migrating to 10 distribution centers [58][60]. - A disciplined M&A strategy targeting high-growth and high-margin segments [62][94]. Financial Performance - H.B. Fuller has expanded EBITDA margins by 340 basis points year-to-date through Q3 2024 [16]. - The company has acquired 11 companies since 2023, with a strong pipeline for future acquisitions [95][96]. Market Segments - The company operates in 31 global market segments, with no single segment exceeding 5% of total sales [34]. - Key growth segments include: - Hygiene, Health, and Consumables (HHC): Focused on basic consumer goods and medical adhesives [35][36]. - Engineered Adhesives (EA): Targeting high-tech industries such as automotive, aerospace, and electronics [49][50]. - Building Adhesive Solutions (BAS): Aimed at construction markets, emphasizing speed and ease of installation [52][53]. Innovation and R&D - H.B. Fuller invests $100 million annually in product development, creating 500 to 1,000 new SKUs per year [27]. - The company has expanded its technology platforms from 2 to over 30, increasing its technology-dependent total addressable market (TAM) from 43% to 92% of the industry [24]. Customer Relationships - H.B. Fuller serves approximately 28,000 customers, with over half of its SKUs being custom tailored for specific clients [28]. - The company emphasizes speed and service, often working with customers years in advance of product launches [32][47]. M&A Strategy - H.B. Fuller employs a disciplined M&A strategy, focusing on acquiring companies that enhance its growth and profitability [92][93]. - The company targets acquisitions that can be integrated quickly to realize synergies, typically reducing purchase multiples by 3 to 6 turns post-acquisition [94][96]. Conclusion - H.B. Fuller is well-positioned in a growing and fragmented adhesives market, leveraging its scale, innovation, and strategic acquisitions to drive future growth and profitability [20][21][62].

Company Overview - H B Fuller's FY24 revenue reached $3.6 billion[18] - The company's product portfolio now addresses 92% of an $80 billion market, a significant increase from 43% of a $31 billion market pre-2000[34] - H B Fuller currently holds a 4.5% market share in the $80 billion adhesives and sealants market[39, 91] - H B Fuller has a 6% market share in its $56 billion target market[39, 91] Financial Performance and Targets - H B Fuller aims for >5% annual constant currency revenue growth[213, 215] - The company targets EBITDA growth exceeding 2x revenue growth[213, 220] - H B Fuller is targeting >20% EBITDA margin[23, 213, 249] - The company aims to maintain working capital <15% of revenue[213, 223] Strategic Initiatives - Project Quantum Leap aims to reduce the number of manufacturing plants from 82 to 55 by 2030, generating $75 million in run-rate savings[108] - H B Fuller has already announced and in many cases completed reduction of 16 closures by end 2025[108] - The company plans to reduce the number of warehouses in North America from 55 to 10 within two years[108]

Core Insights - H.B. Fuller has launched a new global platform called Fuller Impact, aimed at aligning philanthropic investments with youth leadership and STEM-focused initiatives to strengthen communities through innovation and collaboration [1][2]. Group 1: Philanthropic Initiatives - Fuller Impact focuses on empowering communities, fostering youth leadership, and supporting STEM education globally, reflecting the company's commitment to social good [2][3]. - The foundation aims to broaden grant-giving and deepen its impact through strategic investments in communities, particularly in STEM education and youth leadership development [3][4]. Group 2: Employee Engagement - The company is enhancing employee volunteerism through initiatives like community affairs councils, service-oriented events, and matching donations, encouraging employees to contribute to local communities [4][5]. - In 2024, H.B. Fuller employees volunteered over 6,600 hours across 21 countries, supporting various initiatives including STEM learning and vocational training [5]. Group 3: Company Overview - H.B. Fuller is the largest pureplay adhesives company globally, with a revenue of $3.6 billion in 2024 and a workforce of 7,500 employees operating in over 140 countries [6].

Core Insights - H.B. Fuller Company is hosting its 2025 Investor Day on October 20, 2025, at the Conrad New York Downtown Hotel [1] - The event will feature remarks from President and CEO Celeste Mastin and other key management team members [1] - The company plans to provide a comprehensive update on its strategic vision, financial performance, and long-term value creation strategy [1]

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

ST. PAUL, Minn.--(BUSINESS WIRE)--H.B. Fuller Company (NYSE: FUL) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.2350 per share of common stock, payable on October 30, 2025 to shareholders of record at the close of business on October 16, 2025. H.B. Fuller has paid quarterly cash dividends on its common stock for 57 consecutive years. About H.B. Fuller Company: As the largest pureplay adhesives company in the world, H.B. Fuller's (NYSE: FUL) innovat. ...

Core Insights - H.B. Fuller Company (NYSE:FUL) is recognized as one of the top specialty chemicals stocks, reporting third-quarter adjusted results that slightly exceeded expectations, but lowered its full-year guidance due to a challenging global economic environment [1] Financial Performance - The company reported third-quarter adjusted EPS of $1.26, which is $0.01 above analyst projections and represents a 12% increase year-over-year [2] - Revenue for the third quarter was $892 million, down 2.8% from the same period last year, falling short of the consensus projection of $896.55 million [2] Profitability Metrics - Despite the revenue decline, H.B. Fuller's adjusted EBITDA improved to $171 million, reflecting a 3% year-over-year increase [3] - The adjusted EBITDA margin increased by 110 basis points to 19.1%, attributed to effective cost-cutting initiatives, raw material cost control, and favorable pricing strategies [3] Company Overview - H.B. Fuller Company specializes in the production of industrial adhesives and develops, manufactures, and markets adhesives, sealants, and other specialty chemicals for various sectors globally [4]

Core Viewpoint - Seaport Global Securities upgraded HB Fuller from Neutral to Buy with a price target of $80.00, resulting in a pre-market share increase of over 1% [1] Financial Performance - HB Fuller is expected to achieve strong year-on-year EBITDA growth in fiscal 2025 despite sluggish demand, driven by margin expansion from lower costs and mix improvements [2] - The EBITDA margin increased by 110 basis points year-over-year, even with declining volumes, indicating effective execution in pricing, procurement, portfolio restructuring, and manufacturing optimization [2] Segment Performance - The Engineering Adhesives segment led growth with a 14% EBITDA increase, while Building Adhesive Solutions outperformed underlying markets, benefiting from data center construction demand and growth in the Middle East [3] - The Hygiene, Health & Consumables segment showed weakness but was partially offset by demand from medical applications [3] Future Projections - Seaport projects an additional $25 million in price/cost tailwinds for FY26 and approximately $70 million in optimization benefits through FY30 [4] - The current valuation at 7.8x forward EBITDA is below the 3-year average of 9.0x, supporting the upgrade [4]