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RPM International Inc (RPM.N)

RPM.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

RPM reports Q4 earnings per share $0.94
Monday, 24 Jul 2017 06:45am EDT 

July 24 (Reuters) - RPM International Inc ::RPM reports fourth-quarter and full-year results for fiscal 2017.Q4 earnings per share $0.94.Q4 earnings per share view $1.18 -- Thomson Reuters I/B/E/S.Sees Q1 2018 earnings per share $0.83 to $0.85.Sees FY 2018 earnings per share $2.85 to $2.95.Q4 earnings per share $1.02 excluding items.Q4 sales $1.49 billion versus I/B/E/S view $1.5 billion.RPM International Inc says expect industrial segment to grow sales in low-to-mid-single-digit range during fiscal 2018.RPM - during Q4, co prepaid Dec 2017 524(g) trust obligation of $119.1 million, as well as fiscal 2018 U.S. Pension plan contribution of $52.8 million."In consumer segment, we are expecting mid-single-digit growth" for fiscal 2018.RPM International Inc says in specialty segment, expect low-single-digit growth for 2018 driven by fiscal 2017 acquisitions and organic growth.RPM International Inc - For fiscal year 2018, co expects a return to double-digit earnings growth in 12pct to 15pct range.  Full Article

RPM acquired Key Resin Co, a manufacturer of polymer flooring and coating systems​
Friday, 21 Jul 2017 09:00am EDT 

July 21 (Reuters) - RPM International Inc :RPM acquires leading polymer flooring manufacturer.RPM International Inc - ‍terms of transaction, which is expected to be accretive to earnings within one year, were not disclosed.​.RPM International Inc - ‍acquired Key Resin Company, a manufacturer of polymer flooring and coating systems​.RPM International Inc - ‍Key Resin Company will operate as one of RPM's Euclid Group of companies​.  Full Article

RPM International amended and extended its existing $200 mln accounts receivable securitization facility
Monday, 8 May 2017 05:00pm EDT 

May 8 (Reuters) - RPM International Inc :on May 2, 2017, amended and extended its existing $200 million accounts receivable securitization facility.RPA amendment extends facility termination date of A/R facility to May 8, 2020 - SEC filing.  Full Article

RPM International files for potential mixed shelf
Thursday, 13 Apr 2017 05:09pm EDT 

RPM International Inc - :RPM International Inc- files for potential mixed shelf; size not disclosed - sec filing.  Full Article

RPM International Q3 earnings per share $0.09
Thursday, 6 Apr 2017 06:45am EDT 

RPM International Inc : Rpm reports fiscal 2017 third-quarter results . Q3 earnings per share $0.09 . Q3 earnings per share view $0.11 -- Thomson Reuters I/B/E/S . Sees FY 2017 earnings per share $1.54 to $1.64 . Q3 sales $1.0 billion versus I/B/E/S view $1.04 billion . RPM International Inc - impairment and restructuring charges reduced diluted eps by $0.05 per share in quarter . Full year as-adjusted eps guidance revised to $2.57 to $2.67 . RPM International Inc - in industrial segment, expect mid-single-digit sales growth during Q4 . RPM International Inc -during current quarter, negative trends in restore product line led to loss of market share and downward revision to long-term forecast . RPM International Inc - $220 million in revenue added via nine acquisitions this fiscal year, have RPM well positioned for solid performance in Q4 and into FY18 .Fy2017 earnings per share view $2.66 -- Thomson Reuters I/B/E/S.  Full Article

RPM International reports offering of $400 mln of 3.750% notes due 2027
Monday, 27 Feb 2017 07:55pm EST 

RPM International Inc : RPM announces offering of $400 million of 3.750% notes due 2027 and add-on offering of $50 million of 5.250% notes due 2045 .Says expected net proceeds from offering of notes will be approximately $448.9 million.  Full Article

RPM acquires manufacturer of specialty chemicals for the infrastructure industry
Tuesday, 17 Jan 2017 09:00am EST 

RPM International Inc - : Terms of transaction, which is expected to be accretive to earnings within one year, were not disclosed . RPM acquires manufacturer of specialty chemicals for the infrastructure industry .Has acquired Prime Resins to be part of its USL group.  Full Article

RPM reports fiscal 2017 Q2 results
Thursday, 5 Jan 2017 06:45am EST 

Rpm International Inc : RPM reports fiscal 2017 second-quarter results . Sees FY 2017 earnings per share $1.54 to $1.64 . Q2 sales $1.19 billion versus I/B/E/S view $1.18 billion . Sees FY 2017 adjusted earnings per share $2.62 to $2.72 excluding items . Q2 loss per share $0.54 . Q2 earnings per share view $0.61 -- Thomson Reuters I/B/E/S . FY2017 earnings per share view $2.74 -- Thomson Reuters I/B/E/S . See increase in pension expense from our original $0.05 per share to $0.07 per share for 2017 fiscal year . RPM anticipating an increase in currency headwinds for fiscal year from original estimate of $0.06 per share to $0.10 per share for 2017 . Recent acquisitions are expected to reduce EPS in Q3 due to stepped-up inventory and other one-time transaction costs . Anticipating restructuring charge in europe in Q3 fiscal 2017,will reduce diluted EPS by approximately $0.05 per share . Q2 earnings per share $0.52 excluding items . FY EPS guidance includes $0.09/share flowcrete middle east charge, $0.94/share kirker charge, Q3 estimated restructuring charge of $0.05/share . FY EPS guidance also includes $0.04 per share of higher currency headwinds and $0.02 per share of higher pension expense .Quarter's results included a $188.3 million pre-tax impairment charge related to its kirker consumer nail enamel business.  Full Article

RPM signs agreement to acquire leading Dutch coatings company
Wednesday, 21 Dec 2016 04:00pm EST 

Rpm International Inc : Says terms of transaction were not disclosed . Says signed an agreement to acquire SPS group . Deal is expected to be accretive to earnings within one year, excluding one-time costs .RPM signs agreement to acquire leading Dutch coatings company.  Full Article

RPM International reports record results for fiscal 2017 first quarter
Wednesday, 5 Oct 2016 06:50am EDT 

RPM International Inc : RPM International Inc reports record results for fiscal 2017 first quarter . Q1 sales $1.25 billion versus I/B/E/S view $1.28 billion . Q1 earnings per share $0.83 . Q1 earnings per share view $0.80 -- Thomson Reuters I/B/E/S . Full-Year eps guidance maintained . Reaffirms FY 2017 earnings per share view $2.68 to $2.78 .FY2017 earnings per share view $2.77 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-RPMGlobal Holdings to acquire 100 pct of issued share capital of MineOptima

* Entered into a share purchase agreement to acquire 100 percent of issued share capital of MineOptima Source text for Eikon: Further company coverage: