Starting with RPM's 2020 fiscal year, instead of reporting in three
segments (Industrial, Consumer and Specialty), the company will be reporting in four segments (Construction Products, Performance Coatings, Consumer and Specialty Products).
This improved alignment is critical to RPM's future growth and success and better enables the company to compete in the markets it serves.
In addition, it provides investors with greater transparency into the business and better comparability among its peers.
It is expected that this realignment will result in improved approaches to the market, increased sales and meaningful margin improvement.
If these segments had been in place during fiscal 2019, their proforma sales would have been $1.9 billion in the Consumer Group, $0.7 million in the Specialty Products Group, $1.9 billion in the Construction Products Group and $1.1 billion in the Performance Coatings Group.
