Since its founding in 1955, Standex has become known for its ability to acquire and effectively manage superior companies in diverse markets.
Standex's diversification across multiple lines of business has enabled the company to achieve earnings consistency throughout market and economic cycles.
Standex International Corporation (NYSE:SXI) announced today that it closed the sale of its Procon Pumps business to Investindustrial. Commenting on the sale, President & CEO David Dunbar stated,...
Record GAAP Operating Margin of 14.8%; Record Adjusted Operating Margin of 15.2%, up 20 bps sequentially and 160 bps year on year; Seventh Consecutive Quarter of Record Adjusted Operating Margin...
Divestiture supports continued simplification of portfolio Enables greater focus on larger businesses and fast growth end market opportunities Proceeds to be used towards organic and inorganic...