08.26.22
RPM International Inc. recenrtly announced its MAP 2025 (Margin Achievement Plan) operational improvement initiative. The initiative goals are highlighted in the company’s 2022 Annual Report.
MAP 2025 is being launched following the successful completion of the 2020 MAP to Growth initiative. Through MAP 2025, RPM expects to accelerate growth, maximize operational efficiencies, and build a better world to generate superior value creation for the company’s customers, associates and shareholders. Goals of the initiative to be achieved by May 31, 2025, include:
“MAP 2025 builds upon the successes we achieved with our previous MAP to Growth program,” stated Frank C. Sullivan, RPM chairman and CEO. “These new initiatives are designed to amplify the strengths of RPM’s entrepreneurial culture and accelerate our transformation into a more connected and efficient company.”
MAP 2025 is being launched following the successful completion of the 2020 MAP to Growth initiative. Through MAP 2025, RPM expects to accelerate growth, maximize operational efficiencies, and build a better world to generate superior value creation for the company’s customers, associates and shareholders. Goals of the initiative to be achieved by May 31, 2025, include:
- $8.5 billion in annual revenue
- 42 percent gross margin
- 16 percent adjusted EBIT margin
“MAP 2025 builds upon the successes we achieved with our previous MAP to Growth program,” stated Frank C. Sullivan, RPM chairman and CEO. “These new initiatives are designed to amplify the strengths of RPM’s entrepreneurial culture and accelerate our transformation into a more connected and efficient company.”