Record Profit Generation in Fiscal 2025
Standex achieved record profit generation, with a 23.2% increase in sales during the fourth quarter, driven by acquisitions and new product sales. Operating performance was strong, with a record adjusted operating margin of 20.6%, up 120 basis points sequentially and 350 basis points year-on-year.
Strong Growth in Electronics Segment
The Electronics segment saw a 43.2% year-on-year revenue increase to $115.2 million, driven by a 41% benefit from acquisitions and organic growth of 0.3%. The adjusted operating margin increased by 640 basis points year-on-year.
Expansion into Fast Growth Markets
Sales into fast growth markets increased to 28% of total company sales, with expectations to grow by approximately 45% year-on-year in fiscal 2026, exceeding $265 million.
Successful New Product Development
Standex released 16 new products in fiscal 2025, with new product sales contributing approximately 2.8% to sales, ahead of the 2% goal. This is expected to add about 3% to sales in 2026.