H.B. Fuller Profit Falls as Revenue Rises

St. Paul, MN, June 26, 2012 -- Specialty chemicals maker H.B. Fuller reported a profit of $1.9 million, or $0.04 per share, for the second quarter, compared with $25.1 million, or $0.50 per share, a year earlier.

Fuller reported 43.1% higher revenue at $527 million in the second quarter.

The company said it now expects to earn between $2.10 and $2.15 per share for 2012, compared with its prior forecast of $1.94 to $2.14 per share. It also forecast revenue between $1.93 billion and $1.98 billion.

The company completed the acquisition of the Forbo industrial adhesives business on March 5, and during the second quarter announced plans to integrate the business.