RPM Reports Record Fourth-Quarter Results For Fiscal 2015
MEDINA, OH - RPM International Inc. reported record sales, net income and diluted earnings per share for its fiscal fourth quarter ended May 31, 2015.
Fourth-quarter net sales increased 7.5 percent to $1.37 billion from $1.28 billion. Consolidated earnings before interest and taxes (EBIT) improved 18.7 percent to $204.3 million, from $172.1 million a year ago. Net income for the fourth quarter was up 17.7 percent to $128.0 million from $108.8 million reported in the fourth quarter of fiscal 2014. Diluted earnings per share were $0.94, up 17.5 percent from $0.80 reported a year ago.