SALEM, N.H., Nov. 14, 2024 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) today announced that it has acquired Michigan-based Custom Biogenic Systems ("CBS") for approximately $6.2 million in cash. The transaction is being financed from Standex's existing cash balance. In its first year of ownership, the Company expects the acquisition to be accretive to its earnings. CBS will be reported as part of Standex's Scientific business segment.

Immediately Accretive to Revenue Growth, EBITDA Margin, Operating Margin, EPS and FCFAmran/Narayan Grew Revenue at ~30% CAGR Over Last Three Years; Expects ~$100M of Revenue in CY 2024, with Adjusted EBITDA Margin Above 40%Significantly Expands Presence in the Fast-Growing, High-Margin Electrical Grid End Market, Benefiting from Infrastructure Upgrades, Capacity Expansion and Data Center DemandStandex's Exposure to Fast Growth Markets Increases to ~25% of Sales on Pro-Forma FY 2024 BasisBroadens Technology Platform and Capabilities to Expand Growth into Electronics' MarketsGeographic Expansion with Engineering Expertise in India and Intellectual Property in Low to Medium Voltage Technologies

Sales Declined 7.7% with Contributions from Acquisitions Partially Offsetting Organic DeclineRecord GAAP and Adjusted Gross Margin of 41.1%; Up 240 bps Sequentially and 160 bps YOYGAAP Operating Margin of 14.1%; Adjusted Operating Margin of 15.9%Acquired Amran Instrument Transformers & Narayan Powertech Pvt., Ltd., Largest Acquisition in Company's History; Significantly Expands Presence in Fast-Growing, High-Margin Electrical Grid End Market; Expected to be Immediately Accretive to Revenue Growth, Margins, and EPS

SALEM, N.H., Oct. 29, 2024 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) has announced that it will hold an investors' conference call at 10:00 a.m. ET today to discuss its first quarter fiscal 2025 financial results as well as its acquisition of Amran Instrument Transformers and Narayan Powertech Pvt. Ltd. This call replaces the earnings call originally scheduled for 8:30 a.m. ET on Wednesday, October 30, 2024.

SALEM, N.H., Oct. 24, 2024 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) will announce its first quarter fiscal 2025 financial results on Tuesday, October 29, 2024 after the close of the market and will broadcast its conference call live over the Internet at 8:30 a.m. ET on Wednesday, October 30, 2024.

On the call, David Dunbar, President & CEO, and Ademir Sarcevic, CFO & Treasurer, will review the Company's first quarter financial results, business highlights and outlook.

SALEM, N.H., Oct. 24, 2024 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) today announced that its Board of Directors has declared a quarterly cash dividend of $0.32 per share, an approximately 6.7% year-on-year increase. The dividend is payable November 22, 2024, to shareholders of record on November 8, 2024. 

The dividend is the Company's 241st consecutive quarterly cash dividend. Standex has paid dividends each quarter since it became a public corporation in November 1964.

SALEM, N.H., Sept. 10, 2024 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) announced today that David Dunbar, President & CEO, will be participating in the D.A. Davidson 23rd Annual Diversified Industrials & Services Conference in Nashville, Tennessee, on Thursday, September 19, 2024.

Interested parties may access the Company's presentation on the Investor Relations section of Standex's website under the subheading, Events and Presentations, located on the Company's website standex.com.

In Q4 FY24, Sales Declined 4.3% with Contributions from Acquisitions and Fast Growth Markets Partially Offsetting Organic Decline; Fast Growth Market Sales Increased ~13% YOY to $27 MillionQ4 FY24 GAAP Operating Margin of 15.1%; Adjusted Operating Margin of 16.0%, Up 60 bps Sequentially and YOY Record Profit and Cash Generation in FY24:GAAP Gross Margin of 39.1%; Adjusted Gross Margin of 39.4%, up 90 bps YOY GAAP Operating Margin of 14.1%; Adjusted Operating Margin of 15.8%, up 60 bps YOY Free Cash Flow Generation of $73 MillionContinued Investments to Support Growth; R&D Spend Increased $3.3 Million to 2.8% of Sales in FY24In FY25, Plan to Release Over a Dozen New Products, At Least One in Every Business, Contributing Over 100 bps of Growth; Fast Growth Market Sales Expected to Grow >20% and Exceed $110 millionContinued Improvement in General Market Conditions Expected to Lead to Healthier Backdrop for Growth in 2H FY25

SALEM, N.H., July 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. The dividend is payable August 23, 2024, to shareholders of record on August 9, 2024. 

The dividend is the Company's 240th consecutive quarterly cash dividend. Standex has paid dividends each quarter since it became a public corporation in November 1964.

SALEM, N.H., July 26, 2024 /PRNewswire/ -- Standex International Corporation (NYSE: SXI) will announce its fourth quarter fiscal 2024 financial results on Thursday, August 1, 2024 after the close of the market and will broadcast its conference call live over the Internet at 8:30 a.m. ET on Friday, August 2, 2024.

On the call, David Dunbar, President & CEO, and Ademir Sarcevic, CFO & Treasurer, will review the Company's fourth quarter financial results, business highlights and outlook.