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Company News

RPM Achieves Record Fiscal 2025 Q2 Results

image of rpm logo
Courtesy of RPM.

Courtesy of RPM.

January 14, 2025

RPM International has announced record financial results for its fiscal 2025 second quarter, with sales reaching $1.85 billion. This represents a 3% increase compared to the same period last year. The company also reported record net income of $183.2 million, with diluted earnings per share (EPS) of $1.42.

RPM’s strong performance was driven by higher sales volumes across all four of its business segments. The company’s Construction Products and Performance Coatings Groups saw particularly strong growth, while its Consumer and Specialty Products Groups also performed well.

In addition to its record sales and net income, RPM also achieved record earnings before interest and taxes (EBIT) of $227.6 million. The company’s adjusted EBIT increased by 7.7% to $255.1 million.

Looking ahead, RPM is maintaining its full-year sales outlook for fiscal 2025, with the company expecting low-single-digit growth. The company is also narrowing its adjusted EBIT growth outlook to a range of 6% to 10%.

RPM is a global manufacturer of specialty coatings, sealants, and building materials. The company is headquartered in Medina, Ohio.

Source: This article was edited by AI with human oversight.
KEYWORDS: coatings manufacturers financial results quarterly reports

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