H.B. Fuller Builds Inventory for Quantum Leap Program
Dow Jones
Sep 24
H.B. Fuller's net working capital climbed to 18.5% of annualized revenue in the third quarter, up 150 basis points year-on-year. The company attributes the increase to strategic inventory investments supporting its Quantum Leap program and efforts to ensure supply continuity for customers amid ongoing disruption in the Middle East. The buildup comes as the company prepares for the anticipated closing of its AMS acquisition before year-end. Year-to-date cash flow from operations reached $183 million, up 17% year-on-year.
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