RPM International Inc. recently reported marked increases in net sales, net income and diluted earnings per share for its fiscal 2012 third quarter ended February 29. Net sales, net income and earnings per share for the third quarter all posted strong improvements vs. prior-year results in the seasonally weak period. Net sales were $773.6 million, a 14% increase from $678.9 million; consolidated earnings before interest and taxes (EBIT) grew 99.8%, from $13.6 million to $27.1 million.
“RPM’s operations delivered exceptional performance during our third quarter, with market share gains and improved demand, as nearly all of our business units generated solid sales increases and substantially stronger growth in earnings,” said Frank C. Sullivan, chairman and CEO.