Rpm International Inc. · NYSE:RPM
Rpm International — Shareholder Meeting (October 2024)
17 slides from Rpm International's shareholder meeting presentation, Oct 3, 2024
Slide 1: Annual Meeting of Stockholders
Annual Meeting of Stockholders October 3, 2024
Slide 2: Forward-Looking Statements & Regulation G
Forward-Looking Statements & Regulation G This presentation includes 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 uncertai
Slide 3: RPM At a Glance
RPM At a Glance RPM Products and Services: • Extend asset life • Enable sustainable buildings • Enhance appearances Q U I C K FA C T S DIVIDEND RECORD A world leader in specialty coatings, MANUFACTURING FACILITIES IN 23 COUNTRIES FOUNDED: HEADQUARTERS: STOCK LISTING: 1947 Medina, OH NYSE 50 consecut
Slide 4: Operating Groups Drive Growth & Efficiency Through Four Reportable Segments
Operating Groups Drive Growth & Efficiency Through Four Reportable Segments CONSTRUCTION PRODUCTS GROUP PERFORMANCE COATINGS GROUP Create and drive unique systems for the Protecting, decorating and extending construction, restoration and maintenance the useful life of steel and concrete in industry
Slide 5: Global Sales by Region | Fiscal 2024
Global Sales by Region | Fiscal 2024 EUROPE $1.0 billion – 14% NORTH AMERICA RPM $5.7 billion – 78% CONSOLIDATED $7.3 billion AFRICA/MIDDLE EAST/ ASIA/PACIFIC OTHER FOREIGN $170 million – 2% $104 million – 2% LATIN AMERICA $323 million – 4% Annual Meeting of Stockholders | October 3, 2024 5
Slide 6: Record Results in Fiscal 2024
Record Results in Fiscal 2024 FINANCIAL HIGHLIGHTS ($ in millions, except FY 2024 FY 2023 % Change per share amounts) $7.34B Sales $7,335.3 $7,256.4 +1.1% RECORD SALES +1.1% Gross Profit $3,014.6 $2,748.0 +9.7% $941.6M Record sales RECORD ADJUSTED EBIT ¹ Gross Margin 41.1% 37.9% +320 bps +11.9% adju
Slide 7: Consecutive Quarters of Record Adjusted EBIT Through FY24
10 Consecutive Quarters of Record Adjusted EBIT Through FY24 Adjusted EBIT Growth ¹ 40% 36.4% 35% 33.1% 31.3% 30% 25% 20% 15% 11.7% 12.3% 10.4% 10% 6.6% 5% 4.2% 2.8% 0.8% 0% Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Record Adjusted EBIT¹ (1) Adjusted EBIT is a non-GAAP financial me
Slide 8: RPM Total Return Performance
RPM Total Return Performance Comparison of Cumulative Total Return vs. S&P 500 and a Customized Peer Group $240 RPM OUTPERFORMED: RPM $220 S&P 500 by Peers by 10.5% 26.4% S&P 500 $200 $180 Peer Group $160 $140 $120 $100 $80 5/19 5/20 5/21 5/22 5/23 5/24 5 Year Total Shareholder Return: FY19 – FY24 T
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 Annual Meeting of Stockholders | October 3, 2024 10
Slide 11: Continuous Improvement Toward MAP 2025 Goals
Continuous Improvement Toward MAP 2025 Goals SALES (in millions) GROSS MARGIN $7,500 $7,335.3 45% $7,256.4 41.1% 40% 37.9% $7,000 36.3% $6,707.7 +9.4% 35% +480 bps $6,500 FY22 – FY24 FY22 – FY24 30% $6,000 25% FY 2022 FY 2023 FY 2024 FY 2022 FY 2023 FY 2024 ADJUSTED EBIT¹ MARGIN WORKING CAPITAL AS %
Slide 12: 2023 Sustainability Summary and Revamped Sustainability Website
2023 Sustainability Summary and Revamped Sustainability Website • Our 2023 sustainability summary provides insights into the progress we've made in advancing sustainability across RPM and towards achieving our 2025 goals. • Our redesigned sustainability website offers the most up-to-date information
Slide 13: 2025 Sustainability Goals And Our Progress
13 2025 Sustainability Goals And Our Progress 2025 SUSTAINABILITY GOALS 2023 PROGRESS1,2 Reduce Scope 1 and Scope 2 greenhouse gas (GHG) 19%3 reduction per ton of production emissions from our facilities by 20% per ton of production. Reduce energy consumed in our facilities by 10% per ton 20%3 reduc
Slide 14: Fiscal 2025 First-Quarter Financial Results | Consolidated
Fiscal 2025 First-Quarter Financial Results | Consolidated Record Q1 adjusted EBIT and adjusted EPS ($ in millions, except Q1 Q1 KEY POINTS per share amounts) 2025 2024 % Change • Q1 sales lower with F/X headwinds and slight organic decline Sales $1,968.8 $2,011.9 -2.1% • Record adjusted EBIT led by
Slide 15: Delivering Value to Shareholders
Delivering Value to Shareholders Only 41 publicly traded U.S. companies have an equal or better record* $3.5 Billion $2.25 Paid 51 $2.00 $1.75 $1.50 Consecutive Years of $1.25 Dividend $1.00 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
Slide 16: 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 3, 2024 16
Slide 17: Annual Meeting of Stockholders
Annual Meeting of Stockholders October 3, 2024
RPM International — Shareholder Meeting (October 2024) on 6ix