rpm international incs profit increased to a record high in the fiscal first quarter with sales meeting management and market expectations after raising prices across all segments to offset higher costs the company which makes coatings sealants and building materials said net income attributable to shareholders for the three months ended aug 31 was 1690 million or 131 a share compared with 1346 million or 104 a share a year earlier stripping out onetime items including tax adjustments rpm internationals adjusted pershare earnings were 147 beating management forecasts for adjusted earnings of up to 135 for the period analysts surveyed by factset had been expecting adjusted earnings of 131 a share rpm internationals sales climbed 17 to a record 193 billion meeting managements outlook for fiscal firstquarter sales growth in the midteens analysts polled by factset had been forecasting sales of 189 billion the medina ohiobased company said it achieved record sales in the period driven by an improvement in material supply through qualifying new suppliers price increases across all segments also helped offset foreign exchange headwinds and cost inflation the company said noting that even though european demand was weak demand in the us remained strong