Bill Frels Comments on H.B. Fuller

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Jun 25, 2014

Packaging and adhesive manufacturer H.B. Fuller (FUL) also disappointed, declining 7.23% due to weak revenue in Europe and slower than expected sales growth in the Americas. This company, along with Emerson Electric Company (EMR), which also detracted from the portfolio, was affected by the market’s rotation out of industrials stocks.

From Bill Frels' Mairs & Power Growth Fund First Quarter 2014 Commentary.