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Net income for Q2 was US$20.5M or US$0.40/diluted share, (US$25.9M, or US$0.51/ diluted share yr-on-yr).
"Our financial performance in the second quarter was mixed. On the positive side, we retained our discipline in discretionary spending and improved our organic revenue growth trend. Notably, sales volume increased 20% in our Construction Products business, 14% in Asia and about 5% in the Americas.
"However, these positives were tempered by the costs associated with the execution of our business integration project in Europe and the Project ONE go-live in North America," said Jim Owens, HB Fuller President and CEO.
