Rpm International Inc. · NYSE:RPM
Rpm International — Q4 FY2019 Earnings Presentation
7 slides from Rpm International's earnings presentation, Jul 22, 2019
Slide 1: Fiscal 2019 Fourth Quarter Supplemental Information
Fiscal 2019 Fourth Quarter Supplemental Information July 22, 2019 RPM International Inc. Exhibit 99.2
Slide 2: MAP to Growth Wave 1 Key Achievements: Manufacturing
MAP to Growth Wave 1 Key Achievements: Manufacturing Identified and executed on targeted $25 mm in annualized savings Closed 12 plants Instituted common reporting process Instilling continuous improvement culture MANUFACTURING
Slide 3: MAP to Growth Wave 1 Key Achievements: Procurement
MAP to Growth Wave 1 Key Achievements: Procurement Identified and executed on $36 mm in annualized savings $16 mm ahead of target Formed team from core operations Working with vendors on supply chain finance Improved costs by becoming a stronger partner with major suppliers PROCUREMENT
Slide 4: MAP to Growth Wave 1 Key Achievements: G&A
G&A MAP to Growth Wave 1 Key Achievements: G&A Identified and executed on $41 mm in annualized savings $3 mm ahead of target Reduced more than 500 positions Closed 20 warehouses and non-plant locations Implementation of shared service center One-third of ERP consolidations complete
Slide 5: Waves Plan Summary: Wave 1 Exceeds Initial Target by 23%
Waves Plan Summary: Wave 1 Exceeds Initial Target by 23% WAVE 1 Sept 2018 – May 2019 WAVE 2 June 2019 – May 2020 WAVE 3 June 2020 – Dec 2020 TOTAL WAVES PLAN MAP 2020 Annualized Run Rate $ in millions $83 MM EBIT Annualized Run Rate to Benefit 2021: $101 MM EBIT Annualized Run Rate to Benefit 2022:
Slide 6: Strategic Realignment to Drive Growth & Efficiency
Strategic Realignment to Drive Growth & Efficiency CONSUMER GROUP PERFORMANCE COATINGS GROUP CONSTRUCTION PRODUCTS GROUP SPECIALTY PRODUCTS GROUP SALES: $5.6 BILLION Entrepreneurial Approach to Customers with Leading Brands Driving Innovation and Growth Center-Led in Operations and Administration, D
Slide 7: Reclassification of Shipping Costs Puts RPM SG&A on Par with Peers
Reclassification of Shipping Costs Puts RPM SG&A on Par with Peers In fiscal 2020, RPM will classify shipping costs to customers as part of COGS instead of SG&A Change does not impact EBIT Puts RPM in line with peers and other manufacturers Provides investors with a better point of comparison Had ch