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ASX:RPM

RPM Automotive Group Ltd

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Market:
ASX
Market Cap:
$42.65 m
Price
0.31 AUD
Change
0.00%
52 weeks high
0.47
52 weeks low
0.17

In brief

RPM Automotive Group Ltd (ASX:RPM) offers a nationwide footprint focusing on wholesale distribution and retail of tyres, auto parts and accessories-with best-in-class, well-known and established brands.

The company has a plan to address multiple opportunities in the Australian market to aggressively grow its business on multiple fronts via organic and inorganic growth.

Since listing on the ASX in August 2019, RPM has acquired CITIC Autoparts, Gully Mobile Tyers, Metcher Tyre Services, Competition Tyres Hallam, and Traralgon Tyre Service.

Snapshot

  • RPM Automotive Group’s new appointment has strong track record in acquisition growth
  • RPM Automotive Group delivers another record quarter with revenue up 48.5%
  • RPM Automotive makes further acquisition as it expects growth to accelerate

Insight Widest with the analysis, Proactive gives perspectives that others don't.

RPM Automotive Group delivers another record quarter with revenue up 48.5%

This revenue growth was underpinned by continued demand for commercial tyres, with the company’s Wheels and Tyres Division reaching a new quarterly record of $7.46 million.

on 28/7/21