Standex

Standex International Corp. manufactures products and services for commercial and industrial markets. It operates through the following segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions. The Electronics segment is engaged in the manufacturing and selling of electronic components for applications throughout the end-user market spectrum. The Engraving segment provides mold texturizing, slush molding tools, project management and design services, roll engraving, hygiene product tooling, low observation vents for stealth aircraft, and process machinery. The Scientific segment includes temperature-controlled equipment for the medical, scientific, pharmaceutical, biotech and industrial markets. The Engineering Technologies segment offers net and near net formed single-source customized solutions in the manufacture of engineered components for the aviation, aerospace, defense, energy, industrial, medical, marine, oil and gas, and manned and unmanned space markets. The Specialty Solutions segment is involved in the manufacture and sale of refrigerated, heated and dry merchandizing display cases, custom fluid pump solutions, and single and double acting telescopic and piston rod hydraulic cylinders. The company was founded by John Bolten in 1955 and is headquartered in Salem, NH.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Standex International reports record Q1 performance and addresses growth challenges

Standex International's Q1 2023 earnings call highlighted strong financial performance, strategic positioning for growth, and the need to address challenges in specific segments and operational areas. The company's ability to manage supply chain disruptions and pursue growth opportunities was emphasized.

Standex surpasses Q2 expectations, eyes growth through divestiture and M&A

Standex's Q2 performance exceeded expectations with record margins and organic growth. Despite challenges in certain segments, the company remains confident in its long-term targets and growth outlook.
The divestiture of Procon pumps streamlines the portfolio for future growth and acquisitions. Active M&A pipeline and focus on productivity savings and new product introductions present opportunities for expansion.
Challenges include expected revenue impact in Q3 and specific market challenges in segments like Electronics. However, Standex is focused on addressing these challenges to maintain growth trajectory and achieve margin targets.
Overall, Standex's strong financial position, strategic outlook, and emphasis on productivity and growth initiatives position the company well for future success. Continued focus on organic growth, M&A opportunities, and operational efficiencies drive confidence in long-term performance.

Standex reports solid Q3 growth, eyes future markets for expansion

Standex International's Q3 2023 performance reflects steady growth, operational efficiency, and strategic focus on key end markets for future expansion.
With a strong financial position, diversified revenue streams, and prudent capital allocation, Standex is poised for sustainable growth and market leadership.
Challenges in maintaining growth momentum and balancing investments with financial targets require strategic agility and market responsiveness for long-term success.

Standex International excels in Q4, eyes $1B sales target by 2028

Standex International delivered a stellar performance in Q4 2023, marked by robust organic revenue growth, strong operating margins, and strategic acquisitions. The company's solid financial position, highlighted by healthy free cash flow and net cash, sets a strong foundation for future growth and value creation.
While facing potential challenges from external factors and integration risks, Standex remains well-positioned to navigate market dynamics and drive sustained performance. The company's focus on long-term targets and operational excellence underscores a commitment to delivering shareholder value and capitalizing on growth opportunities.

Standex International reports solid Q1 performance amidst market challenges

Standex International's Q1 2024 performance reflects resilience amidst market challenges, with a focus on operational efficiency and strategic growth initiatives. The company remains committed to its long-term financial targets and proactive measures to navigate evolving market dynamics.

Standex reports record margins and profitability, eyes strategic acquisitions

Standex delivered strong financial performance in Q2 2024, with record margins and profitability.
While facing challenges in forecasting CapEx and lower sales in certain segments, the company remains focused on growth.
Opportunities lie in continued margin expansion, strategic acquisitions, and achieving long-term financial targets by 2028.

Standex reports record margins and cash flow amidst market challenges

Standex International's Q3 2024 performance reflects a mix of growth and challenges, with record margins and cash flow amidst market softness.
The company's strengths lie in its ability to navigate market dynamics, focus on high-growth segments, and improve operational efficiency.
Challenges include organic decline in certain regions and market uncertainties, necessitating strategic adjustments for sustained growth.
Opportunities exist for Standex to capitalize on growth markets, address challenges through strategic initiatives, and achieve long-term financial targets.

Standex reports Q4 revenue decline, eyes new products for growth

Standex faced revenue decline in Q4 2024 but improved operating margin.
Management focused on new product development and reaffirmed long-term targets.
Challenges include revenue declines in certain segments and market conditions.
Opportunities lie in new product launches, margin improvement, and market growth.
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Standex International reports robust margins in Q1 amidst acquisition-driven growth

Standex International's Q1 2025 performance showcased strong margins despite sales decline, with acquisitions poised to drive growth and margin improvement in Q2, presenting opportunities for revenue expansion and market diversification.

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Standex International Corp. engages in the provision of products and services for commercial and industrial markets. It operates through the following segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions. The Electronics segment is involved in the manufacturing and selling of electronic components for applications throughout the end-user market spectrum. The Engraving segment provides mold texturizing, slush molding tools, project management and design services, roll engraving, hygiene product tooling, low observation vents for stealth aircraft, and process machinery. The Scientific segment includes temperature-controlled equipment for the medical, scientific, pharmaceutical, biotech and industrial markets. The Engineering Technologies segment offers net and near net formed single-source customized solutions in the manufacture of engineered components for the aviation, aerospace, defense, energy, industrial, medical, marine, oil and gas, and manned and unmanned space markets. The Specialty Solutions segment refers to the manufacture and sale of refrigerated, heated and dry merchandizing display cases, custom fluid pump solutions, and single and double acting telescopic and piston rod hydraulic cylinders. The company was founded by John Bolten in 1955 and is headquartered in Salem, NH.

SALEM, N.H. , April 25, 2024 /PRNewswire/ -- Standex International Corporation  (NYSE: SXI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per share, an approximately 7.1% year-on-year increase.

STANDEX DECLARES 239th CONSECUTIVE QUARTERLY DIVIDEND

SALEM, N.H. , March 5, 2024 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) announced today that David Dunbar, President & CEO, and Ademir Sarcevic, CFO, will be participating in the D.A.

STANDEX TO PARTICIPATE IN D.A. DAVIDSON BEST-OF-BREED BISON CONFERENCE

SALEM, N.H. , Feb. 20, 2024 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) confirms that it has closed on its previously announced acquisition of Sanyu Switch Co., Ltd.

STANDEX ANNOUNCES CLOSING OF SANYU SWITCH CO., LTD. ACQUISITION

Standex International Corporation reports better-than-expected EPS and announces new acquisitions and restructuring efforts for 2024 and 2025. The company is positioned for growth in renewable energy and electric vehicles, with a solid balance sheet and little debt. Tariffs and competition are risks, but the stock price shows upside potential.

Standex Positioned For Growth With Solid Balance Sheet And Little Debt

Standex International Corporation (SXI) Q2 2024 Earnings Call Transcript

Fast Growth Market Sales Increased ~14% Year-On-Year to ~$21 Million Organic Sales Decline of 7.4% Year-on-Year Due to Project Timing in the Engineering Technologies Segment and Transitory Market Softness; Partially offset by Contributions from Minntronix Acquisition and Favorable FX Record GAAP Gross Margin of 40.2% and Adjusted Gross Margin of 40.3% GAAP Operating Margin of 14.5%; Record Adjusted Operating Margin of 16.1%, up 90 bps Year-On-Year; 11th Consecutive Quarter of Record Level Adjusted Operating Margin Record Year-to-Date Free Cash Flow of $31.6 Million Expect to Complete Acquisition of Japanese-Based Sanyu Switch Co., Ltd During Fiscal Third Quarter 2024 SALEM, N.H. , Feb. 1, 2024 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today reported financial results for the second quarter of fiscal year 2024 ended December 31, 2023.

STANDEX REPORTS FISCAL SECOND QUARTER 2024 FINANCIAL RESULTS

SALEM, N.H. , Jan. 26, 2024 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per share, an approximately 7.1% year-on-year increase.

STANDEX DECLARES 238th CONSECUTIVE QUARTERLY DIVIDEND

SALEM, N.H. , Jan. 26, 2024 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) will announce its second quarter fiscal 2024 financial results on Thursday, February 1, 2024 after the close of the market and will broadcast its conference call live over the Internet at 8:30 a.m.

STANDEX ANNOUNCES TIMING OF SECOND QUARTER FISCAL 2024 RESULTS

SALEM, N.H. , Jan. 5, 2024 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) announced today that David Dunbar, President & CEO, and Ademir Sarcevic, CFO, will be presenting at the CJS Securities 24th Annual New Ideas for the New Year Conference on Wednesday, January 10, 2024.

STANDEX TO PRESENT AT CJS SECURITIES NEW IDEAS FOR THE NEW YEAR CONFERENCE

SALEM, N.H. , Dec. 4, 2023 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) announced today that Ademir Sarcevic, CFO, will be participating in the Wolfe Research 1st Annual Small and Mid-Cap Conference in New York City on Thursday, December 7, 2023.

STANDEX TO PARTICIPATE IN WOLFE RESEARCH SMALL AND MID-CAP CONFERENCE

Standex International is a diversified industrial manufacturer with five different operating segments. The company has shown growth in both revenue and profits in recent years, driven mostly by the Electronics and Specialty Solutions segments. Management has optimistic expectations for future growth, aiming to generate $1 billion in annual revenue by 2028.

Standex International: Shares Offer Upside On Continued Top And Bottom Line Growth

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Standex International Corporation (NYSE:SXI ) Q1 2024 Earnings Conference Call November 3, 2023 8:30 AM ET Company Participants Christopher Howe - Director of Investor Relations David Dunbar - Chairman, President, and Chief Executive Officer Ademir Sarcevic - Chief Financial Officer and Treasurer Conference Call Participants Chris Moore - CJS Securities Michael Legg - Benchmark Gary Prestopino - Barrington Research Ross Sparenblek - William Blair Operator Good morning, and welcome to the Standex International Fiscal First Quarter 2024 Financial Results Call. All participants will be in listen-only mode.

Standex International Corporation (SXI) Q1 2024 Earnings Call Transcript

Organic Growth of 2.5% Led by Engraving and Engineering Technologies; Fast Growth Market Sales Increased ~20% Year-On-Year to ~$20 Million and Expected to Reach $100 Million in FY24 Record GAAP Gross Margin of 39.3% and Adjusted Gross Margin of 39.5% GAAP Operating Margin of 14.6%; Record Adjusted Operating Margin of 15.9%, up 90 bps Year-On-Year; 10th Consecutive Quarter of Record Level Adjusted Operating Margin Free Cash Flow of $12.1 Million; Record Fiscal First Quarter Free Cash Flow Generation Entered Into a Definitive Agreement to Acquire Japanese-Based Sanyu Switch Co., Ltd; Acquisition will Strengthen Electronics Relay Product Line and Deepen Access to Key Customer Accounts SALEM, N.H. , Nov. 2, 2023 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today reported financial results for the first quarter of fiscal year 2024 ended September 30, 2023.

STANDEX REPORTS FISCAL FIRST QUARTER 2024 FINANCIAL RESULTS

SALEM, N.H. , Nov. 1, 2023 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) today announced that it has entered into a definitive agreement, through its subsidiary Standex Electronics Japan Corporation, to acquire privately-held, Japanese-based Sanyu Switch Co., Ltd.

STANDEX ENTERS INTO A DEFINITIVE AGREEMENT TO ACQUIRE SANYU SWITCH CO., LTD.

SALEM, N.H. , Oct. 27, 2023 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) will announce its first quarter fiscal 2024 financial results on Thursday, November 2, 2023 after the close of the market and will broadcast its conference call live over the Internet at 8:30 a.m.

STANDEX ANNOUNCES TIMING OF FIRST QUARTER FISCAL 2024 RESULTS

SALEM, N.H. , Oct. 26, 2023 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per share, an approximately 7.1% year-on-year increase.

STANDEX DECLARES 237th CONSECUTIVE QUARTERLY DIVIDEND

SALEM, N.H. , Sept. 27, 2023 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) announced today that David Dunbar, President & CEO, and Ademir Sarcevic, CFO, will be presenting at William Blair's Virtual 2023 What's Next for Industrials Conference on Thursday, September 28, 2023.

STANDEX TO PRESENT AT WILLIAM BLAIR'S WHAT'S NEXT FOR INDUSTRIALS CONFERENCE

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Investors looking for stocks in the Manufacturing - General Industrial sector might want to consider either Standex International (SXI) or Idex (IEX). But which of these two stocks is more attractive to value investors?

SXI or IEX: Which Is the Better Value Stock Right Now?

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SALEM, N.H. , Sept. 18, 2023 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) announced today that Ademir Sarcevic, CFO, will host a fireside chat at the D.A.

STANDEX TO HOST FIRESIDE CHAT AT D.A. DAVIDSON 2023 INDUSTRIALS CONFERENCE

Investors interested in Manufacturing - General Industrial stocks are likely familiar with Standex International (SXI) and Idex (IEX). But which of these two stocks offers value investors a better bang for their buck right now?

SXI vs. IEX: Which Stock Is the Better Value Option?

SALEM, N.H. , Sept. 5, 2023 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) announced today that David Dunbar, President & CEO, will be presenting at the Jefferies 2023 Industrial Conference in New York City on Thursday, September 7, 2023.

STANDEX TO PRESENT AT JEFFERIES 2023 INDUSTRIAL CONFERENCE

Standex (SXI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

What Makes Standex (SXI) a New Strong Buy Stock

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