H.B. Fuller Delivers Strong Q3 Results, Beats Earnings Expectations
H.B. Fuller, a leading global adhesives and sealants company, has reported strong financial results for the third quarter of 2026, beating earnings expectations.
During its recent conference call, H.B. Fuller's President and Chief Executive Officer, Celeste Mastin, highlighted the company's disciplined execution, which led to a 5.2% year-over-year revenue growth and a significant expansion in operating profitability. The company's EBITDA margin increased by 80 basis points to 19.9%, with earnings per share (EPS) up 21% versus the same period last year.
The success can be attributed, in part, to the company's pricing actions, which successfully offset elevated raw material inflation and drove growth across all three Global Business Units (GBUs). H.B. Fuller's Hygiene, Health & Consumables (HHC) segment delivered 6% organic revenue growth year-over-year, while its Electronics & Aerospace (EA) segment reported a 5% increase, excluding solar.
However, the EA segment did experience some softness due to chip shortages affecting mobile phone production in Asia Pacific. Despite this, H.B. Fuller's Building and Construction Materials (BAS) segment delivered another strong quarter, with organic revenue up 5% year-over-year, driven by strength in roofing and insulating glass.
Geographically, the company reported positive organic growth across all regions, including a 4% increase in America and a 9% rise in Europe, Middle East & India (EIMEA). Asia Pacific also saw a 4% year-over-year increase, excluding solar. The total organic revenue was approximately flat year-over-year, including solar.
H.B. Fuller's CEO, Celeste Mastin, emphasized the company's focus on strengthening its portfolio through strategic acquisitions, such as the anticipated closing of the AMS acquisition before year-end, and executing its Quantum Leap program to create long-term value for shareholders.
The petrochemical supply chain disruption continues to be a significant challenge in the industry, but H.B. Fuller remains confident in its ability to navigate these complexities and deliver strong results. As the company enters the fourth quarter and looks toward 2027, it is well-positioned to continue driving growth and profitability.
