• New tyre recycling facility fully operational with strong early production
• Q3 FYTD sales revenue of $89.9m, up 1.4% and EBITDA of $9.5m, up 8.2%
• Improved operating performance driven by normalisation of trading conditions and strong demand

RPM Automotive Group Limited (ASX: RPM), a leading player in the Australian automotive aftermarket sector, has announced the opening of its new tyre recycling facility and provided a trading update for the nine months FYTD. The company's new recycling plant is now fully operational, and RPM is excited about the potential earnings from this initiative as they ramp up production. For the nine months FYTD, RPM reported sales revenue of $89.9m, up 1.4% versus the prior corresponding period, and EBITDA of $9.5m, up 8.2% versus the prior corresponding period. This improved operating performance was driven by the normalisation of trading conditions, better buying, increased gross profit and EBITDA margins, and strong demand for the company's product range. RPM remains well within its banking covenants with ample funding to cover working capital requirements and organic growth. The company's key strategic imperatives include a focus on the National Fleet business, expansion of the Tyre Division, and the continued rollout of the Tyre Recycling program. For FY25, RPM has provided guidance of reported revenue of $120m and EBITDA between $12m and $13m.

For FY25, RPM has provided guidance of reported revenue of $120m and EBITDA between $12m and $13m.

RPM remains confident in the outlook for FY26, with a continued focus on controlling operating expenses, improving margins, and maintaining stable demand from its valued customers.