Standex International ( (SXI) ) has released its Q2 earnings. Here is a breakdown of the information Standex International presented to its investors.
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Standex International Corporation is a multi-industry manufacturer operating in five broad business segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions, with a global presence across the United States, Europe, and several other regions.
In its fiscal second-quarter report for 2025, Standex International showcased a 6.4% increase in sales, marking its highest sales quarter since divesting its Refrigeration Group in 2020. The company achieved a record adjusted operating margin of 18.7%, benefiting from its largest acquisition to date of the Amran/Narayan Group.
Key financial highlights include a significant contribution from acquisitions, with Electronics segment revenue growing by 20.8% year-on-year. Adjusted operating income saw a 15.4% increase compared to the previous year. Despite these gains, the company experienced a decline in GAAP operating income by 67.2% year-on-year, primarily due to acquisition-related costs and restructuring charges.
Standex’s management remains optimistic about the future, driven by the strength of its core markets, such as the electrical grid and new product launches. The recent strategic acquisition is expected to continue propelling growth and performance improvements in the coming quarters.
Looking ahead, Standex anticipates moderately to significantly higher revenue in the fiscal third quarter of 2025, supported by the recent acquisition and improving demand in its Electronics segment. The company aims to utilize cash flows to reduce debt while exploring organic and inorganic growth opportunities.
