earnings
confidence high
sentiment positive
materiality 0.75
H.B. Fuller Q4 rev $897M (+15% YoY), adj EPS $1.09; FY22 adj EPS guidance $4.00-$4.25
FULLER H B CO
2021-FY EPS reported
$2.97
revenue$3,278,031,000
- Q4 net income $65M, diluted EPS $1.18; adjusted EPS $1.09 vs $1.06 a year ago.
- Full year revenue $3.3B (+17.5% YoY); adjusted EBITDA $467M (+15%).
- FY 2022 guidance: organic sales growth 10-15%, adj EPS $4.00-$4.25, adj EBITDA $515-$535M.
- Net debt leverage reduced to 3.3x from 4.1x at year-end 2020.
- Q4 adjusted gross margin 27.1% improved 340 bps sequentially; $450M annualized price adjustments.