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RPM Automotive's Clive Finkelstein pleased with growth and says FY20 results vindicate strategy

RPM Automotive Group Ltd’s (ASX:RPM) Clive Finkelstein tells Proactive's Andrew Scott results for FY20 surpassed expectations with a year-on-year increase of 13.7% despite the difficulties experienced as a result of the COVID-19 pandemic. The company’s Tyre and Wheel Division outperformed its budget and surpassed the overall performance of the tyre and wheel industry with truck and bus tyre sales up 62% and off-road types sales up 51%.

Quick facts: RPM Automotive Group Ltd

Price: 0.2 AUD

ASX:RPM
Market: ASX
Market Cap: $18.16 m
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Full interview: RPM Automotive announces key appointments and growth...

RPM Automotive Group Ltd (ASX:RPM) managing director Clive Finkelstein and newly appointed non-executive director Alex Goodman update Proactive on a number of key appointments to the board since the company listed on the ASX late year. The MD spoke about the key successes and challenges...

on 26/2/20

2 min read