Company: SXI
Filing Date: 2025-08-04
Form Type: 10-K
Source: 0001437749-25-024450
Chunk: 713

Company: STANDEX INTERNATIONAL CORP/DE/
Filing Date: 2025-08-04
Form: 10-K
Item: Item 4
Chunk 713
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4 decreased by $1.4 million or 0.9% compared to the prior year. Net sales in fiscal year 2024 decreased by $1.4 million or 0.9% compared to the prior year. Organic sales decreased by $1.0 million, or 0.7%, as a result of delays in new platform rollouts in North America. Foreign exchange impacts were $0.4 million, or 0.2%.

Income from operations in fiscal year 2024 increased by $1.2 million, or 4.9%, when compared to the prior year. Operating income increased during the period reflecting productivity actions, offsetting slower demand in North America sales. 

Specialty Solutions

      2025 compared to 2024 

      2024 compared to 2023 

      (in thousands except 

      % 

      % 

      percentages) 
      
      2025 

      2024 

      Change 

      2024 

      2023 

      Change 

      Net sales 
      
     $86,642

     $95,587

      (9.4%) 

     $95,587

     $127,106

      (24.8%) 

      Income from operations 
      
     14,841

     19,631

      (24.4%) 

     19,631

     25,368

      (22.6%) 

      Operating income margin 
      
      17.1% 

      20.5% 

      20.5% 

      20.0% 

Net sales for fiscal year 2025 decreased $8.9 million, or 9.4% when compared to the prior year reflecting general market softness in the Display Merchandising business and in the Hydraulics business. 

Income from operations for fiscal year 2025 decreased $4.8 million, or 24.4%, when compared to the prior year due to lower volumes.

Net sales for fiscal year 2024 decreased $31.5 million, or 24.8% when compared to the prior year. Organic sales for the group decreased $10.3 million, or 8.1%, as compared to the prior year period,