RPM International Inc, Flowcrete Group’s parent company, announced record second quarter results this month.
In fact the Ohio based company has been doing so well that Jim Cramer, the presenter of CNBC’s Mad Money, said that it’s “a great stock for people who watch the show and it’s going to continue to be so.”
You can watch RPM’s CEO Frank Sullivan being interviewed on the show about the company, its products and history by clicking here.
Jim Cramer states that 26% of RPM’s business comes from commercial construction “which is beginning to rebound in a big way”. This is an area that Flowcrete knows a lot about, as it provides a wide variety of solutions for America’s commercial construction market.
In the interview Frank Sullivan says that “our businesses are very focused on innovation”. This holds true for Flowcrete’s range of resin floors, which revolve around advanced, effective and original solutions – from an ultra-hygienic system with a built in antimicrobial agent to artistic finishes that create completely unique surfaces.
RPM has attributed the successful financial results to volume increases in both its industrial and consumer segments, as well as improved operating margins at most of its business units. You can find out more about RPM’s latest financial results on their website.