earnings
confidence high
sentiment positive
materiality 0.80
Standex Q4 sales $176.4M (+26.6% YoY), adj. EPS $1.40 (+115.4%), record op margin 13.3%
STANDEX INTERNATIONAL CORP/DE/
2021-FY EPS reported
$2.97
revenue$656,232,000
- Net sales $176.4M (+26.6% YoY); GAAP diluted EPS $1.18, adjusted EPS $1.40 (both >100% YoY gain).
- Adjusted operating margin 13.3% (record high), +460 bps YoY; Electronics revenue up 62.7% to $72.8M.
- Free cash flow $26.4M (+35.5%); net debt/EBITDA 0.57x; $245M liquidity; quarterly dividend raised 9% to $0.24.
- FQ1 2022 outlook: slight sequential revenue dip but similar margin; FY 2022 capex $25-30M vs $21.5M in FY 2021.
- CEO cited broad-based demand in EVs, renewables, smart grid; Specialty work stoppage resolved, moderate Q4 impact.