RPM Automotive Group Ltd-AU Announces New Tyre Recycling Facility and Strong Financial Performance
RPM Automotive Group Ltd-AU, a leading company in the Consumer Discretionary sector, has made significant strides in both sustainability and financial performance. Based in Dandenong South, Australia, RPM is renowned for its comprehensive range of automotive products and services, including vehicles, wheels, tires, and parts, alongside roadside assistance and repair services.
Sustainability Initiative: Tyre Recycling Facility
On May 22, 2025, RPM announced the launch of a new tyre recycling facility in Melbourne, aimed at addressing end-of-life tyre wastage. This initiative is part of RPM’s broader strategy to enhance its environmental footprint and operational efficiency. The facility is fully operational and is expected to contribute positively to RPM’s earnings as production ramps up.
Financial Highlights
In a trading update for the nine months financial year to date, RPM reported a sales revenue of $89.9 million, marking a 1.4% increase compared to the prior corresponding period. EBITDA also saw a significant rise, reaching $9.5 million, up 8.2% from the previous year. This improved performance is attributed to normalized trading conditions, better procurement strategies, increased gross profit, and strong demand for RPM’s product range.
Strategic Growth and Financial Stability
RPM’s strategic growth has been driven by a series of bolt-on acquisitions and a focus on increasing economies of scale. The company has successfully expanded its product offerings and customer base, leveraging its national footprint to enhance operational leverage. RPM’s financial position remains robust, with the company well within banking covenants and possessing ample funding to support working capital needs and organic growth.
Investor Day Presentation
On May 21, 2025, RPM held an Investor Day presentation, outlining its strategy and future outlook. Key agenda items included updates on the company’s operations, the new tyre recycling facility, and strategic priorities such as the expansion of the National Fleet business.
Conclusion
RPM Automotive Group Ltd-AU continues to demonstrate strong growth and financial health, supported by strategic initiatives and a commitment to sustainability. With its new tyre recycling facility and solid financial performance, RPM is well-positioned for continued success in the automotive aftermarket sector. For more information, visit www.rpmgroup.net.au .