Rpm International Inc. · NYSE:RPM
Rpm International — Shareholder Meeting (October 2023)
18 slides from Rpm International's shareholder meeting presentation, Oct 5, 2023
Slide 1: Annual Meeting of Stockholders
Annual Meeting of Stockholders October 5, 2023
Slide 2: Forward-Looking Statements & Regulation G
Forward-Looking Statements & Regulation G This presentation contains “forward-looking statements” relating to our business. These forward-looking statements, or other statements made by us, are made based on our expectations and beliefs concerning future events impacting us and are subject to uncert
Slide 3: RPM At a Glance
RPM At a Glance Q U I C K FA C T S MANUFACTURING FACILITIES IN 26 COUNTRIES FOUNDED: 1947 A world leader in HEADQUARTERS: Medina, OH specialty coatings, STOCK LISTING: NYSE (Symbol: RPM) sealants, building FISCAL 2023 $7.3 Billion SALES: materials and 164 countries and SALES LOCATIONS: related servi
Slide 4: Operating Groups Drive Growth & Efficiency Through Four Reportable Segments
Operating Groups Drive Growth & Efficiency Through Four Reportable Segments THE POWER Entrepreneurial Approach to Customers with Leading Brands Driving Innovation and Growth Center-Led in Operations and Administration, Driving Efficiency and Continuous Improvement OF RPM Value of 168: Transparency,
Slide 5: Record Consolidated Sales and Adjusted EBIT in Each Quarter of Fiscal 2023
Record Consolidated Sales and Adjusted EBIT in Each Quarter of Fiscal 2023 FINANCIAL HIGHLIGHTS Consolidated Sales and Adjusted EBIT Growth 40% Sales Growth Adj. EBIT Growth(1) 36.4% 35% 33.1% $7.26B 30% 25% RECORD ANNUAL SALES 20% +8.2% 17.1% 15% Record Sales 10% 9.3% & adjusted $841.6M 5% 5.7% 4.2
Slide 6: RPM Total Return Performance
RPM Total Return Performance Comparison of Cumulative Total Return vs. S&P 500 and a Customized Peer Group RPM OUTPERFORMED: $220 S&P 500 by Peers by 5.7% 17.8% $200 $180 RPM S&P 500 $160 Peer Group $140 $1.7 BILLION $120 Returned to Shareholders via Cash Dividends and Share Repurchases¹ $100 $80 5/
Slide 7: 2022 Sustainability Snapshot
2022 Sustainability Snapshot • Provides relevant updates from the calendar year 2022 to the content in our 2021 Sustainability Report. • It’s a companion to more dynamic, in-depth and updated information online at https://sustainability.rpminc.com. • The snapshot is part of a broader collection of s
Slide 8: 2025 Sustainability Goals and Our Progress
2025 Sustainability Goals and Our Progress 2025 SUSTAINABILITY GOALS 2022 PROGRESS Reduce Scope 1 and Scope 2 greenhouse gas Reduced GHG by approximately 16% per ton of (GHG) emissions from our facilities by 20% per production. ton production. Reduce energy consumed in our facilities by 10% Reduced
Slide 9: MAP 2025 Overview
MAP 2025 Overview GOALS ¹ By May 31, 2025, RPM is targeting improvements to: $8.5B Revenue MAP 2025 is designed to amplify the strengths of 42% Gross Margin RPM’s growth-oriented, entrepreneurial culture, while leveraging the success of the 2020 MAP to Growth initiative to continue transforming RPM
Slide 10: MAP 2025 | $465M in Forecasted Benefits
MAP 2025 | $465M in Forecasted Benefits Wave Plan Annualized Total Annualized $185 M EBIT $465 M EBIT $500 $450 $400 $350 Annualized $160 M EBIT In millions $300 $250 $200 Annualized $150 $120 M EBIT $100 $50 $0 ü WAVE 1 WAVE 2 WAVE 3 May 2023 May 2024 May 2025 Manufacturing MS-168 MS-168 expansion,
Slide 11: Fiscal 2024 First-Quarter Financial Results | Consolidated
Fiscal 2024 First-Quarter Financial Results | Consolidated Record Q1 sales and all-time adjusted EBIT ($ in millions, except Q1 Q1 KEY POINTS per share amounts) 2024 2023 % Change • Record Q1 sales of $2.01 billion driven by pricing with modest volume growth Sales $2,012 $1,932 +4.1% • Sales include
Slide 12: Delivering Value to Shareholders
Delivering Value to Shareholders Only 41 publicly traded U.S. companies have an equal or better record* $3.3 Billion $2.00 Paid $1.75 $1.50 50 Consecutive $1.25 Years of $1.00 Dividend Increases $0.75 $0.50 $0.25 $0.00 74 '76 '78 '80 '82 '84 '86 '88 '90 '92 '94 '96 '98 '00 '02 '04 '06 '08 '10 '12 '1
Slide 13: 50 Years of Dividend Gold
50 Years of Dividend Gold An accomplishment that few other What does this mean for the companies have achieved, and one in Shareholder? which we take great pride. If you invested $1,000 in RPM stock on August 31, 1973, and reinvested dividends for the past 50 years, the total value of 115,000% or a
Slide 14: Thank You for Your Investment in RPM
Thank You for Your Investment in RPM “Hire the best people you can find. Create an atmosphere that will keep them. Then let them do their jobs.” Frank C. Sullivan, 1947 Annual Meeting of Stockholders | October 5, 2023 14
Slide 15: Annual Meeting of Stockholders
Annual Meeting of Stockholders October 5, 2023
Slide 16: Reconciliation of Non-GAAP to GAAP Measures
Reconciliation of Non-GAAP to GAAP Measures
Slide 17: EBIT (Non-GAAP Measure): RPM Consolidated: Fiscal Year
EBIT** (Non-GAAP Measure): RPM Consolidated: Fiscal Year ($ in thousands, except percent data) Fiscal Year Ended May 31, (Unaudited) 2023 2022 Net Income $ 479,731 $ 492,466 Provision for Income Taxes 169,651 114,333 Income Before Income Taxes 649,382 606,799 Interest Expense 119,015 87,928 Investme
Slide 18: EBIT (Non-GAAP Measure): RPM Consolidated: Three Months
EBIT** (Non-GAAP Measure): RPM Consolidated: Three Months ($ in thousands, except percent data) Three Months Ended August 31, (Unaudited) 2023 2022 Net Income $ 201,313 $ 169,279 Provision for Income Taxes 67,841 55,842 Income Before Income Taxes 269,154 225,121 Interest Expense 31,818 26,711 Invest
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