H.B. Fuller raised the midpoint of its full-year adjusted EBITDA and adjusted EPS guidance after reporting second-quarter adjusted diluted earnings per share of $1.41, up 19% year-on-year. Net revenue reached $950 million, a 5.8% increase, with organic revenue up 2.6% driven by pricing execution. Adjusted EBITDA grew 9% to $181 million, and the adjusted gross margin expanded 200 basis points to 34.2%. The company also posted record second-quarter operating cash flow of $121 million and repurchased 750 thousand shares during the quarter.
H B Fuller CompanyRaised full-year profit outlook after strong Q2 earnings beat with 19% EPS growth and margin expansion.
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