RPM International Inc. announced its MAP 2025 (Margin Achievement Plan) operational improvement initiative. RPM’s MAP 2025 is being launched following the successful completion of the company’s 2020 MAP to Growth initiative. Through MAP 2025, RPM expects to accelerate growth, maximize operational efficiencies, and build a better world to generate superior value creation for the company’s customers, associates and shareholders.
Goals of the initiative to be achieved by May 31, 2025, include:
- $8.5 billion in annual revenue
- 42% gross margin
- 16% adjusted EBIT margin
The company will host an investor day on October 7, 2022, to provide more details on MAP 2025, as well as RPM’s sustainability initiatives and its Construction Products Group. The investor day will be webcast, with details about how to access the webcast provided closer to the event.
“MAP 2025 builds upon the successes we achieved with our previous MAP to Growth program,” stated Frank C. Sullivan, RPM chairman and CEO. “These new initiatives are designed to amplify the strengths of RPM’s entrepreneurial culture and accelerate our transformation into a more connected and efficient company.”
For more information, visit: https://www.2022ar.rpminc.com.