RPM International Inc. recently reported sharp gains in net sales and net income for its fiscal 2012 fourth quarter and year, which ended May 31. Net sales grew 12.2% to a record $1.1 billion from $981.8 million in fiscal 2011. Net income was up 17.7% to $82.6 million from $70.2 million a year ago.
Fiscal 2012 consolidated net sales and net income saw double-digit increases. Net sales were up 11.7% to a record $3.8 billion from $3.4 billion in fiscal 2011. Net income grew 14.2% to a record $215.9 million from $189.1 million in fiscal 2011.