RPM Net Income Rises 18%, Beats Estimates

RPM’s fiscal fourth-quarter net income rose 18% year-on-year, to $83 million, on net sales up 12%, to $1.1 billion. Earnings totaled 63 cts/share, beating analysts’ consensus of 61 cts/share, as reported by Thomson Reuters (New York). RPM’s fiscal fourth quarter ended on May 31.   Sales in the company’s industrial segment were up 16% year-on-year, to $725 million, while segment EBIT rose 29%, to $90 million. “Areas of particular strength included industrial maintenance coatings and corrosion control coatings, which have...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers