RPM’s sales included 12.4% organic growth, 1.0% growth from acquisitions, and foreign currency translation headwinds of 4.1%. The company reports its fiscal 2023 second-quarter adjusted EBIT was driven by strong sales growth, as well as MAP 2025 benefits, primarily from manufacturing and commercial improvement initiatives.
Sika has released a financial report detailing its performance in a volatile economic environment. According to the report, Sika achieved another record result in the first nine months of fiscal year 2022.
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.
H.B. Fuller Co. reported financial results for its third quarter that ended August 27, 2022, listing market share gains and robust pricing actions as some of the reasons for its positive results.
During Huntsman's second quarter earnings conference call, the company provided third quarter adjusted EBITDA guidance of between approximately $310 million and $355 million, excluding Textile Effects.
Peter R. Huntsman, chairman, president, and CEO, commented "Regardless of any macro headwinds that may impact the chemical industry in the coming quarters, our priorities around cost control, a focus on downstream businesses and returning capital to shareholders will remain unchanged."