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RPM International shares details from its first-quarter earnings call.

ResultsRead the original at Benzinga
Good for RPM

RPM reported record first-quarter sales, adjusted EBITDA and adjusted EPS, with growth in Performance Coatings and Consumer. Construction Products was soft, and inflation cut gross margins, but cost savings kept the adjusted EBITDA margin steady.

RPM · RPM International Inc.

AI read · Good for RPM

The AI's read

Growth in coatings and consumer products, along with spending cuts, helped RPM keep its adjusted EBITDA margin steady despite lower gross margins. Construction Products was soft, and rising material costs may keep pressuring profit. Still, records across sales and profit measures, plus growth in two groups, point to stronger business results overall.

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