| Frequently Asked Questions (FAQs) |
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| Q. |
When was Standex founded? How long has the Company been public? On what exchange is Standex stock traded? |
| A. |
Standex was founded in 1955. Its shares have been listed on the New York Stock Exchange under the symbol "SXI" since the company
went public in 1964. |
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| Q. |
How long has Standex been paying a dividend? |
| A. |
Standex has paid dividends each quarter since it became a public corporation in November 1964. During this
39-year period the
Company has increased its dividend rate 35 times. |
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| Q. |
Who is Standex's transfer agent? |
| A. |
EquiServe Shareholder Services
PO Box 43010
Providence, RI 02940-3010
Phone (781) 575-3400
URL http://www.equiserve.com |
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| Q. |
How can I obtain investment information on Standex? |
| A. |
You have several options.
For our Investor Fact Kit, write to:
Investor Relations Department
Standex International Corporation
6 Manor Parkway
Salem, NH 03079 USA
Phone: 603-893-9701
Fax: 603-893-7324
E-mail: investorrelations@standex.com |
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| Q. |
How can I obtain copies of Standex's quarterly and annual reports? |
| A. |
E-mail Alert Service: Subscribe to the Standex International Corp. Annual Report Alert service. As a subscriber, you will receive
an e-mail alert whenever this type of company information is added to this Web site.
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| Q. |
When will Standex announce its next quarterly earnings? |
| A. |
January 27, 2004 |
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| Q. |
What is Standex's growth strategy? |
| A. |
Our growth strategy is focused diversity. By providing customer-driven, engineered solutions to our diverse family of businesses,
we will strengthen and grow those businesses that leverage our core competencies. |
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| Q. |
What does Standex mean by focused diversity? |
| A. |
Focused diversity means that while diversity will continue to be the hallmark at Standex, providing customer-driven, engineered
solutions will increasingly become the common denominator of our family of businesses. Diversity can pose challenges at times. Today, some of our
businesses align more closely with our core competencies and are more successful in complementing the others with respect to products, processes and
distribution channels. Some perform better than others at different points in the economic cycle. While our presence in multiple sectors has helped
us manage business and financial risk, the tradeoff is fully realizing the potential of
14 different businesses. |
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| Q. |
How does Standex's diversity contribute to its growth? |
| A. |
For 49 years, diversity has been the foundation of Standex's philosophy. Our
14 businesses make over 48,000 discrete products.
Standex's success in making strategic acquisitions and investments has produced solid revenues and earnings over the years |
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| Q. |
What is Standex's acquisition strategy? |
| A. |
Standex seeks to grow through targeted acquisitions. The Company has a long and successful record of buying and integrating well-run
businesses. We will continue to own and operate a diverse group of relatively autonomous companies. But, as a means of executing our "focused diversity"
growth strategy, we are intensifying our efforts to acquire companies that are both financially strong and synergistic with our existing businesses.
Synergy is about leveraging these strengths and enhancing shareholder value by utilizing Standex's resources and skills to provide more value
and innovative solutions for our customers. In this way, success in one Standex business contributes to success in others - and will contribute even
more in the future.
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| Q. |
Which businesses will Standex divest? |
| A. |
We will divest those businesses that are not as successful in complementing the others with respect to our products, processes
and distribution channels. As part of our pursuit of focused diversity, we will be assessing our capital assets and will concentrate the allocation
of our resources on those businesses that leverage our core competencies |
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| Q. |
How is Standex focusing on engineered products and customer solutions? |
| A. |
To more closely focus on engineered products, Standex looks to the needs of the end users, which naturally represent the best
source for insights into problems that can affect an entire market or industry. Recognizing the unmet needs of a common consumer group requires rigorous
market analysis. As a result, we have intensified our marketing research program, connecting directly with end users in order to uncover areas for
improvement. Such solid marketing research leads to the development of engineered products designed to meet specific requirements, generating demand
for our products directly from the ultimate source: the end user.
Our dynamic business environment is one in which the customer is our priority. Companies, focused on meeting customer needs, are rewarded with
loyalty. A customer-focused philosophy permeates every business unit within the global Standex organization. With highly specialized engineering
expertise across many different industries supported by global manufacturing facilities, we have the resources to become strategic partners with
customers. OEM manufacturers typically bring us into their product development cycle early on, enabling us to work as an integral part of their engineering
team. Through this collaborative process, we transform our expertise and in-depth knowledge of their business into superior solutions that help our
customers become successful with their customers.
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Overview