H.B. Fuller Co. recently reported financial results for the third quarter that ended September 2. Net income for the third quarter of 2017 was $25.1 million, vs. net income of $32.7 million in last year’s third quarter. Net revenue for the third quarter of 2017 was $562.9 million, up 9.8% compared to the third quarter of 2016. Higher volume, pricing and acquisitions reportedly positively impacted net revenue growth, which was offset by negative foreign currency translation. Constant currency revenue grew by 11% year over year. At the end of the third quarter of 2017, cash balances totaled $120 million with total debt of $799 million. This compares to second quarter 2017 cash and debt levels of $94 million and $786 million, respectively. Sequentially, net debt was down by approximately $13 million dollars. Cash flow from operations was positive $38 million in the third quarter and $71 million for the first nine months, reflecting continued strength in the cash flow performance of the business, offset by restructuring charges and higher inventory balances. Capital expenditures were $8 million in the third quarter of 2017. “We are pleased with the positive progression of pricing and strong volume growth across the businesses,” said Jim Owens, president and CEO. “The Americas is solidly back to growth mode, with organic volume delivery of over 6%. Engineering adhesives continued to deliver sales growth above our long term target of 15 % and drove margins higher to nearly 14%, a key tenet in our long-term strategy. We also announced the transformative and complementary acquisition of Royal Adhesives which will accelerate our strategy by combining their strong presence in specified adhesive applications with our global reach and focus. We are delivering on our financial commitments and expect a successful completion of our 2017 plan while we prepare for the integration of the Royal Adhesive business.” Source:http://www.ascouncil.org