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RPM International Inc. has reported record sales and record net income for its fiscal 2007 third quarter ended Feb. 28, 2007. Strong sales momentum in the company's larger industrial segment continued, while consumer segment sales and earnings increased significantly over the third quarter a year ago.
RPM's record net sales of $679.5 million were up 10.9% from the $612.5 million reported in the fiscal 2006 third quarter. Organic sales growth accounted for 8.3% of the increase, with 1.3% of that amount representing net foreign exchange gains. Net acquisition growth was 2.6% of the total.
