RPM's second quarter sales rise six percent

摘要

RPM International Inc. reported solid financial results for its second quarter, ended November 30, 2002,and for the first half of its 2003 fiscal year. The specialty coatings manufacturer reported record net sales of US518 million, a six percent increase over last year's second quarter net sales of US487.9 million. RPM experienced continued and relatively balanced growth between its two operating segments. The industrial and consumer business segments had organic sales growth of five percent and six percent, respectively, plus approximately one percent growth in each segment from small product line acquisitions and foreign exchange benefits, according to the company.