Financial Brief

22 January 2001 00:00  [Source: ICB Americas]

H.B. Fuller Company's fourth quarter earnings slid 24 percent to $14.3 million on 1 percent higher sales of $361 million. The company attributed the reduction in earnings to higher raw material costs and the weak euro. Full year 2000 earnings were down 14 percent to $49 million on 1 percent lower sales of $1.35 billion.

"This quarter continued to present us with the challenges in the areas of raw material costs, competitive pricing and slowing demand," says CEO Al Stroucken.

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