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RPM reports lower profit on one-time charges
October 3, 2012 / 11:40 AM / 5 years ago

RPM reports lower profit on one-time charges

Oct 3 (Reuters) - RPM International Inc’s quarterly profit fell as the coatings and sealants maker incurred one-time charges.

Profit fell to $33.9 million, or 26 cents per share, in the first quarter, from $76.8 million, or 59 cents per share, a year earlier.

Revenue rose 6 percent to $1.05 billion.

The Medina, Ohio-based company’s shares closed at $26.63 on Tuesday on the New York Stock Exchange.

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