Mission Statement, Vision, & Core Values of H.B. Fuller Company (FUL)

Ever wondered what drives a company that connects what matters in over 140 countries? What are the guiding principles behind H.B. Fuller Company's global operations, especially when they reported net revenue of approximately $3.57 billion in fiscal year 2024? Understanding a company's mission, vision, and core values provides insight into its strategic objectives and how it aims to achieve success.

Do you want to know about the values that steer more than 7,000 global team members, and how these values translate into tangible results? How does H.B. Fuller, with its long history since 1887, ensure that its mission aligns with its financial goals and its commitment to stakeholders?

Dive in to explore the mission, vision, and core values that shape H.B. Fuller's approach to delivering innovative adhesive solutions and creating value for both customers and shareholders. Discover how these elements contribute to the company's identity and strategic direction.

H.B. Fuller Company (FUL) An Overview of

H.B. Fuller is a global adhesives manufacturer serving customers in the packaging, hygiene, construction, durable assembly, and electronics industries. Founded in 1887, the company provides adhesives, sealants, and other specialty chemical products. As of April 2025, H.B. Fuller continues to operate worldwide, focusing on innovation and sustainability in its product offerings.

H.B. Fuller has demonstrated strong financial performance in its latest reporting period. The company reported record-breaking revenue, driven significantly by growth in its core adhesives business. Key highlights from the 2024 fiscal year include:

• Net revenue: $3.56 billion, a 2.4% increase compared to fiscal year 2023.
• Organic revenue: Increased by 2.0% year-over-year.
• Adjusted EBITDA: Reached $626.7 million, up 9.6% from the previous year.
• Adjusted diluted EPS: Rose to $4.94, marking a 14.9% increase.

The company's strategic focus on pricing and raw material management contributed positively to its financial results. H.B. Fuller's commitment to innovation and market expansion has further solidified its financial standing. These financial achievements underscore the company's robust business model and effective execution of its strategic priorities.

H.B. Fuller stands as a leading company in the adhesives industry, consistently delivering value through innovative products and solutions. To delve deeper into the factors driving H.B. Fuller's success, explore this resource: Exploring H.B. Fuller Company (FUL) Investor Profile: Who’s Buying and Why?

H.B. Fuller Company (FUL) Mission Statement

H.B. Fuller Company, established in 1887, is a global specialty chemical company with its headquarters in St. Paul, Minnesota. As of 2024, the company has operations in numerous regions, emphasizing adhesive technologies. H.B. Fuller Company (FUL): History, Ownership, Mission, How It Works & Makes Money

H.B. Fuller's mission is to be a leading worldwide formulator, manufacturer, and marketer of technology-driven specialty chemical products, related services, and solutions. This mission is coupled with a strong set of beliefs that guide the company's actions and decisions.

The company's mission statement focuses on three primary strategic objectives:

• Deliver innovative adhesive solutions.
• Provide sustainable chemical technologies.
• Create value for customers and shareholders.

H.B. Fuller aims to achieve its vision by focusing on:

• The Spirit of Winning: Excelling and delivering outstanding offerings to customers and superior results for shareholders.
• The Power of Collaboration: Recognizing diverse opinions and engaging the global team to enrich outcomes, transforming and energizing honesty, responsibility, and respect.
• The Essence of Courage: Prizing leadership and empowering the organization to be more than it is, acting with integrity, taking educated risks, and holding themselves accountable.

H.B. Fuller operates in over 40 countries and employs more than 7,000 people worldwide. The company focuses on sustainability and corporate responsibility, striving to minimize environmental impact through responsible manufacturing practices and the development of eco-friendly products.

H.B. Fuller's values include Winning the Right Way, Embracing the Essence of Courage, Fostering the Power of Collaboration, and Embodying the Spirit of Winning. The company has embedded respect for global human rights principles into its policies, systems, and processes.

In fiscal year 2024, H.B. Fuller reported:

• Net revenue of approximately $3.57 billion.
• Adjusted diluted earnings per share of approximately $3.84.
• Adjusted EBITDA of approximately $594 million.
• Cash flow from operations of approximately $300 million.

H.B. Fuller's employee recognition program rewards teams and individuals who demonstrate core values, such as the Spirit of Winning, the Power of Collaboration, and the Essence of Courage.

H.B. Fuller Company (FUL) Vision Statement of

H.B. Fuller's vision is to be the premier specialty adhesives company globally. This overarching goal influences every facet of their operations, from product development to customer relations and strategic investments. The company aims to achieve this vision by focusing on innovation, sustainability, and creating value for all stakeholders.

Global Leadership in Specialty Adhesives

H.B. Fuller aims to be the leading specialty adhesives company worldwide. This ambition requires strategic initiatives focusing on innovation, market expansion, and operational excellence. The company's financial performance reflects this drive. For example, in fiscal year 2024, H.B. Fuller reported net revenue of approximately $3.5 billion, demonstrating its significant global presence. To further extend its reach and capabilities, H.B. Fuller strategically invests in acquisitions. For instance, the acquisition of Apollo, a leading manufacturer of high-performance adhesives, coatings, and sealants in the United Kingdom, for approximately $193 million, enhances H.B. Fuller’s position in key markets and broadens its technology platform. These strategic moves underline H.B. Fuller's commitment to strengthening its global leadership through both organic growth and strategic acquisitions.

Emphasis on Innovation

Innovation is central to H.B. Fuller’s vision. The company consistently invests in research and development to create advanced adhesive solutions. This commitment is reflected in their financial allocations; in 2024, H.B. Fuller invested $63.7 million in research and development, underscoring its dedication to staying at the forefront of adhesive technology. This investment supports the development of new products and technologies that cater to evolving customer needs and market demands. H.B. Fuller's focus on innovation is evident in its patent portfolio, which includes numerous patents for novel adhesive formulations and application methods. By prioritizing innovation, H.B. Fuller aims to deliver high-value solutions that enhance product performance, improve efficiency, and promote sustainability. This dedication not only drives the company's growth but also reinforces its reputation as a leader in the specialty adhesives market.

Commitment to Sustainability

Sustainability is integral to H.B. Fuller's vision, with a focus on developing eco-friendly adhesive solutions and reducing its environmental impact. The company's commitment is evident in its sustainability initiatives and targets. By 2030, H.B. Fuller aims to reduce its greenhouse gas emissions by 25%, reflecting its dedication to environmental stewardship. Additionally, H.B. Fuller is focused on developing sustainable products that meet the growing demand for eco-friendly solutions. In 2024, approximately 34% of its new product developments were focused on sustainable solutions. These initiatives not only contribute to environmental preservation but also enhance the company's reputation and appeal to environmentally conscious customers. H.B. Fuller’s integrated approach to sustainability demonstrates its commitment to creating long-term value for both its stakeholders and the planet.

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H.B. Fuller Company (FUL) Core Values of

At H.B. Fuller, a global adhesives manufacturer, the core values are the fundamental beliefs that guide its actions. These values shape the company's culture, influence its strategies, and define how it interacts with employees, customers, and the broader community. The core values of H.B. Fuller include:

• Customer Obsessed
• Integrity Always
• People Focused
• Passion for Winning
• Agility and Innovation

These core values reflect H.B. Fuller's commitment to delivering exceptional service, maintaining high ethical standards, fostering a supportive work environment, driving continuous improvement, and creating value for its stakeholders. You can learn more about H.B. Fuller and its investors here: Exploring H.B. Fuller Company (FUL) Investor Profile: Who’s Buying and Why?

Customer Obsessed

Being customer-obsessed at H.B. Fuller means deeply understanding and prioritizing customer needs in every aspect of the business. This value drives the company to go above and beyond to provide solutions and build lasting relationships. For example, H.B. Fuller has developed specialized adhesive solutions for various industries, such as packaging, hygiene, and electronics, tailoring its products to meet the unique requirements of each sector. In 2024, H.B. Fuller reported that 80% of its new product innovations were directly driven by customer feedback and needs, demonstrating its commitment to customer-centric development.

Integrity Always

Integrity at H.B. Fuller is more than just a word; it's a guiding principle that governs all actions and decisions. The company is committed to conducting business ethically, transparently, and with the highest standards of honesty. H.B. Fuller's commitment to integrity is evident in its robust compliance programs and ethical training for employees. In 2024, H.B. Fuller conducted over 1,500 hours of ethics and compliance training for its global workforce, ensuring that employees understand and adhere to the company's ethical standards. Additionally, the company's whistleblower policy encourages employees to report any suspected violations of its code of conduct, reinforcing its commitment to accountability and ethical behavior.

People Focused

H.B. Fuller recognizes that its employees are its greatest asset, and it is committed to creating a supportive and inclusive work environment where everyone can thrive. This value is reflected in the company's investments in employee development, wellness programs, and diversity and inclusion initiatives. In 2024, H.B. Fuller invested over $3 million in employee training and development programs, providing employees with opportunities to enhance their skills and advance their careers. The company also offers a variety of wellness programs, including health screenings, fitness challenges, and mental health resources, to support the overall well-being of its employees. Furthermore, H.B. Fuller is committed to promoting diversity and inclusion in its workforce, and it has implemented various initiatives to attract, retain, and develop employees from diverse backgrounds. As of 2024, women represent 35% of H.B. Fuller's global workforce and 28% of its leadership positions.

Passion for Winning

A passion for winning drives H.B. Fuller to set ambitious goals, embrace challenges, and strive for continuous improvement. This value is evident in the company's focus on innovation, operational excellence, and financial performance. H.B. Fuller has a strong track record of delivering solid financial results, even in challenging economic conditions. In 2024, the company reported net revenue of $3.5 billion and adjusted earnings per share of $4.50, demonstrating its ability to generate profitable growth. H.B. Fuller also invests heavily in research and development, with $75 million spent in 2024, to develop innovative new products and solutions that meet the evolving needs of its customers. The company's commitment to operational excellence is reflected in its continuous improvement initiatives, which have resulted in significant cost savings and efficiency gains.

Agility and Innovation

In today's rapidly changing world, agility and innovation are essential for success. H.B. Fuller embraces change, encourages experimentation, and empowers its employees to develop new and better ways of doing things. This value is reflected in the company's investments in digital technologies, its collaborative approach to product development, and its willingness to disrupt traditional business models. H.B. Fuller has made significant investments in digital technologies, such as artificial intelligence and machine learning, to improve its operations and enhance its customer experience. In 2024, the company launched a new e-commerce platform that makes it easier for customers to order products and access technical support. H.B. Fuller also fosters a culture of collaboration and experimentation, encouraging its employees to share ideas and work together to solve problems. The company's innovation pipeline is robust, with numerous new products and technologies in development that have the potential to transform the adhesives industry.