Standex operating income more than doubles to USD 193.58 million in FY26; net sales rise 12.8% to USD 891.6 million
Reuters2026/08/14 10:07Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Standex posted FY2026 net sales of $891.6 million, up 12.8%.
- Operating income more than doubled to $193.6 million, lifted by a $57.1 million gain on the Federal Industries sale.
- Gross margin widened 1.8 percentage points to 41.7%, helped by higher volume, pricing discipline, productivity actions.
- Backlog realizable within one year climbed 29.7% to $318.5 million.
- Sees FY2027 mid-to-high single-digit net sales growth, driven by high single-digit to low double-digit organic growth.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Standex International Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-027789), on August 14, 2026, and is solely responsible for the information contained therein.
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