RPM Automotive Group reaffirms FY23 guidance amid Q3 growth

News Direct

May 26, 2023

–News Direct–

RPM Automotive Group Ltd (ASX:RPM) CEO and managing director Clive Finkelstein talks reaffirmed financial guidance and improved margins with Proactive’s Elisha Newell. The Australian automotive hub still expects to report between $118 and $120 million in FY23 revenue, while earnings should clock in between $10.5 and $12 million. Finkelstein attributes the strong result to nine months of growth, bringing the company’s unaudited sales up 55% to $88.1 million year-on-year.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/rpm-automotive-group-reaffirms-fy23-guidance-amid-q3-growth-686488963

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