RPM International Inc.


SKU: IFF-1-1 Category:


RPM International Inc. delivered an all-around beat in the previous quarter, with a notable 4.1% surge in consolidated sales, reaching an unprecedented $2.01 billion. This growth, propelled by pricing strategies and moderate volume expansion, resulted in a 3.9% increase in organic sales. Adjusted EBIT achieved an impressive 12.3% growth, reaching an all-time high of $309 million. The gross margin expansion was pivotal, driven by the MAP 2025 initiatives and enhanced fixed cost utilization, particularly in segments experiencing volume growth. Consumer-generated commodity cycle benefits propelled all segments forward except for the Consumer Group, which faced challenges in its raw material basket, notably with TiO2 and metal packaging. While the Construction Products Group attained a significant $783 million in sales, marking a 10.8% increase, the Performance Coatings Group achieved net sales and adjusted EBIT of $379 million, with a 4.1% revenue boost. In contrast, the Specialty Products Group experienced a 10.7% decline in sales, reaching $181 million, primarily due to weak OEM demand and divestitures. The Consumer Group had a 1.5% sales increase, driven by pricing adjustments. Besides, their subsidiary Tremco CPG acquired the wall system fabrication business (the Fabrication Business) of NOW Specialties and is now a member of Tremco Construction Products Group (Tremco CPG).

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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