RPM Reports Record Results for Fiscal 2023 First Quarter
RPM International Inc., a provider of specialty coatings, sealants, and building materials, reported financial results for its fiscal 2023 first quarter, ended August 31, 2022. Key highlights in the report include:
“I am proud of RPM associates’ ability to generate record first-quarter consolidated sales and adjusted EBIT. Our businesses skillfully navigated supply chain tightness, cost inflation, macroeconomic challenges, and foreign exchange headwinds to expand margins and deliver record first-quarter financial results. In addition, they have continued to implement MAP operational improvement initiatives, with a positive impact on our top and bottom lines,” said RPM chairman and CEO Frank C. Sullivan.