Exhibit 99

News Release

STANDEX INTERNATIONAL CORPORATION ● SALEM, NH 03079 ● TEL (603) 893-9701 ● FAX (603) 893-7324 ● WEB www.standex.com

STANDEX REPORTS FOURTH QUARTER 2019 FINANCIAL RESULTS

● Continued Strength in Engineering Technologies, Hydraulics and Scientific

● Positive Cash Flow Trends Reflect Success of Working Capital Initiatives

● Growth Laneway Sales Increased 61% year-over-year in Fiscal 2019

● Restructuring Savings on Target for $3.8 million; Active Pipeline of Additional Efficiency Projects

SALEM, NH – August 26, 2019 – Standex International Corporation (NYSE:SXI) today reported financial results for the fourth quarter of fiscal year 2019 ending June 30, 2019.

Summary Financial Results - Total Standex
($M except EPS and Dividends)	4Q19	4Q18	Change
Net Sales	$209.2	$203.5	2.8%
Operating Income	$20.2	$25.5	-20.7%
Net Income from Continuing Ops	$13.1	$11.3	16.3%
EBITDA	$28.3	$32.2	-12.2%
EBITDA margin	13.5%	15.8%	-230 bps
Adjusted EBITDA	$30.1	$34.1	-11.7%
Adjusted EBITDA margin	14.4%	16.8%	-240 bps
Diluted EPS	$1.05	$0.88	19.3%
Adjusted EPS	1.16	1.48	-21.6%
Dividends per share	0.20	0.18	11.1%
Free Cash Flow	$31.7	$34.0	-6.8%
Net Debt to Adjusted EBITDA	0.9x	0.7x	28.6%

*Fourth quarter of fiscal 2018 results have been adjusted to reflect the disposition of the Cooking Solutions Group on April 1, 2019.

Fourth Quarter Fiscal 2019 Results

“Fourth quarter results were in line with our expectations as performance in Engineering Technologies, Hydraulics and Scientific remained strong. While macro-economic headwinds continued to impact results in Engraving and Electronics, we are effectively managing costs, our restructuring efforts are on plan and we delivered solid free cash flow,” commented President and Chief Executive Officer David Dunbar.

“Despite challenges in some of our end markets, we continued to make significant progress in the quarter and fiscal year in regard to our strategic priorities and we are well-positioned to further execute on our transformation and long-term goals for growth and profitability.

“From a growth perspective, our targeted investments are paying off with growth laneways increasing 61% year-over-year in fiscal 2019 to $58 million and the positive repositioning of Engineering Technologies as evidenced by its results. The recent GS Engineering acquisition and successful divestiture of the Cooking Solutions business furthered our portfolio reshaping toward building our higher margin growth businesses into significant platforms. The restructuring plan we began to implement in the third quarter is on track to achieve $3.8 million in annual savings by 2Q20. We have also identified a significant number of additional productivity projects that we plan to implement in fiscal 2020.

“In addition, our financial position is strong with net debt to Adjusted EBITDA of under 1x and $253 million in available liquidity. While we will remain disciplined and balanced with respect to capital allocation, our financial flexibility positions us well to invest both in high return internal projects and our active acquisition pipeline,” said Dunbar.

Outlook

“As we enter fiscal 2020, we expect a sequential decline in the first quarter due to continued challenges in some of our markets followed by improved year-over-year performance in our fiscal second quarter.  We expect to benefit from scheduled platform rollouts in the automotive OEM market, a very strong funnel of new business opportunities in Electronics and continued growth in Engineering Technologies and Hydraulics.  These improvements will be complemented by the completion of the cost restructuring we announced in 3Q19 as well as additional efficiency projects that we have identified,” concluded Dunbar.  

Fourth Quarter Segment Operating Performance

Engraving (18% of sales; 18% of segment operating income)

Engraving ($M)	4Q19	4Q18	% Change
Net sales	$38.1	$35.8	6.3%
Operating Income	5.1	7.9	-35.1%
Adj. Operating Income*	5.3	7.9	-32.9%
Operating Margin	13.4%	22.0%
Adj. Operating Margin*	13.9%	22.0%

* FY19 excludes $0.2 million of purchase accounting expenses

Overall sales grew 6.3% with contributions from recent acquisitions overcoming an organic decline of 4% and negative impact of foreign currency of 5%. End market weakness from a lower level of new automotive model introductions compressed margins in our core business as well as those in our recent acquisitions. Adjusted operating income decreased by $2.6 million year-on-year primarily due to the lower level of new roll-outs in the automotive sector, acquisition integration related costs, and tariff-related impact on the segment’s China production facilities.

In fiscal 2020, Standex expects Engraving end markets to strengthen as new global automotive model roll-outs ramp combined with contribution from the recent GS Engineering acquisition. In addition, previously announced restructuring actions are on track to deliver annualized savings of $2.7 million by 2Q20.

Electronics (24% of sales; 30% of segment operating income)

Electronics ($M)	4Q19	4Q18	% Change
Net sales	$49.7	$52.2	-4.8%
Operating Income	8.6	13.7	-37.0%
Operating Margin	17.4%	26.3%

The 4.8% decline in sales was primarily due to lower demand in the automotive market, impact of China tariffs and distributor inventory destocking. These trends were partially offset by contribution from the Agile acquisition. Operating income for the period decreased by 37.0% from the fourth quarter of fiscal 2018 as a result of the lower sales volume, material inflation and the impact of tariffs. During the quarter, the Electronics business delivered first shipments from its new India facility. This site provides the business with a cost competitive manufacturing alternative and the ability to accelerate new business growth.

The Company expects Electronics sales volume to decline sequentially in the first half of fiscal year 2020 due to the factors that affected the fourth quarter’s results followed by a modest recovery in the second half of the fiscal year. The segment also has a record level of new business opportunities, some of which have already been awarded, which will ramp during fiscal 2020. In addition, cost saving initiatives regarding G&A reduction, increased productivity and reduced material spend will approximate $1.1 million on an annual basis by 2Q20.

Engineering Technologies (16% of sales; 16% of segment operating income)

Engineering ($M)	4Q19	4Q18	% Change
Net sales	$33.5	$25.2	33.0%
Operating Income	4.5	2.6	72.6%
Operating Margin	13.6%	10.4%

Engineering Technologies revenue grew 33.0% over 4Q18 with broad-based strength across end markets including Aviation, Space, Defense and Energy. The Company’s long-term investments to support new aviation platforms are paying off as these platforms ramp to full production volume. Operating income grew 72.6% year-over-year as the segment leveraged both the volume growth and continued productivity improvements in manufacturing processes.

In fiscal 2020, Standex expects continued growth and improved margins as aviation-related programs continue to ramp to higher production rates as well as favorable trends in Space and Defense.

Hydraulics (7% of sales; 11% of segment operating income)

Hydraulics ($M)	4Q19	4Q18	% Change
Net sales	$14.2	$13.2	7.5%
Operating Income	3.1	2.3	38.8%
Operating Margin	22.1%	17.1%

Sales for the Hydraulics segment increased 7.5% year-over-year due to strong OEM demand, particularly in the North American refuse market, as well as new product application offerings for vacuum trucks, sweepers and hydro-excavators. Income from operations gained 38.8% year-over-year due to higher sales and cost structure efficiencies.

The Company expects Hydraulics’ end market demand to remain positive due to project opportunities in the construction and infrastructure markets as well as the potential for market share gains in the refuse market.

Food Service Equipment (35% of sales; 25% of segment operating income)

Food Service ($M)	4Q19	4Q18	% Change
Net sales	$73.7	$77.1	-4.3%
Operating Income	7.4	8.3	-11.3%
Operating Margin	10.0%	10.8%

The 4.3% decline in sales reflected lower sales in Refrigeration, Pumps and Merchandising businesses partially offset by growth in Scientific sales led by demand in clinical and drug retail markets. The 11.3% decrease in operating income reflected deleverage on lower volume in Refrigeration again partially offset by strength in Scientific.

As previously reported, a fire destroyed a Refrigeration Group warehouse in late June. There was approximately $7 million of damage to the Company’s finished goods and approximately $1 million related to ancillary handling equipment. The Company has insurance coverage associated with the damage to the inventory and equipment.

The Company anticipates that Refrigeration Group sales will be lower in the first half of fiscal year 2020 as finished goods inventory levels are rebuilt in order to meet customer demand. In addition, Standex will continue to pursue productivity improvements to address the current market conditions and expects strength in Scientific and Merchandising sales in FY20.

Capital Allocation

● Share Repurchase: During 4Q19, the Company repurchased approximately 202,000 shares for $14 million or an average price per share of $69.95. In fiscal 2019, Standex repurchased approximately 437,900 shares for $33.4 million. There is approximately $53 million remaining under the Board’s current repurchase authorization.

● Capital Expenditures: In fiscal 2019 Standex’s capital expenditures were $34.4 million compared to the prior expectation of between $35 million to $36 million in fiscal 2019. The Company expects fiscal 2020 capital spending to be between approximately $33 million - $34 million.

● Dividends: On July 25, the Company declared a quarterly cash dividend of $0.20 per share, which was payable August 23, 2019 to shareholders of record August 9, 2019.

Balance Sheet and Cash Flow Highlights

● Net Debt: Standex had net debt of $104.5 million at June 30, 2019 compared to $84.2 million for the same period a year ago. Net debt consisted primarily of long-term debt of $197.6 million and cash and equivalents of $93.1 million of which $86.2 million was held by foreign subsidiaries. In fiscal 2019, Standex repatriated $51.5 million from foreign subsidiaries. The Company’s net debt to Adjusted EBITDA leverage ratio was 0.92x at the end of fiscal 2019.

● Cash Flow: Net cash provided by continuing operating activities for the three months ended June 30, 2019 was $48.2 million compared to net cash provided by continuing operating activities of $33.5 million in the prior year. Cash provided by operating activities reflected improved working capital management driven by decreases in accounts receivable due to focused collection efforts and improved inventory turns and accounts payable management.

Cash capital expenditures were approximately $16.5 million compared to $5.1 million in 4Q18. As a result, the Company generated free cash flow of $31.7 million compared to free cash flow of $34.0 million in 4Q18. Free cash flow as a percentage of adjusted net income was 241.5% compared to 193.4% in 4Q18.

Conference Call Details

Standex will host a conference call for investors tomorrow, August 27, 2019 at 8:30 a.m. ET. On the call, David Dunbar, President and CEO, and Thomas DeByle, CFO, will review the Company’s financial results and business and operating highlights. Investors interested in listening to the webcast and viewing the slide presentation should log on to the “Investors” section of Standex’s website under the subheading, “Events and Presentations”, located at www.standex.com.

A replay of the webcast will also be available on the Company’s website shortly after the conclusion of the presentation online through August 27, 2020. To listen to the teleconference playback, please dial (877) 344-7529 in the U.S. or (412) 317-0088 internationally; the passcode is 10134405. The audio playback via phone will be available through September 3, 2019. The webcast replay also can be accessed in the “Investor Relations” section of the Company’s website, located at www.standex.com.

Use of Non-GAAP Financial Measures

In addition to the financial measures prepared in accordance with generally accepted accounting principles (“GAAP”), the Company uses certain non-GAAP financial measures, including non-GAAP adjusted income from operations, non-GAAP adjusted net income from continuing operations, free operating cash flow, EBITDA (earnings before interest, taxes, depreciation and amortization) adjusted EBITDA, adjusted EBITDA to net debt, and adjusted earnings per share. The attached financial tables reconcile non-GAAP measures used in this press release to the most directly comparable GAAP measures. The Company believes that the use of non-GAAP measures including the impact of restructuring charges, purchase accounting, property insurance deductibles, discrete tax events, and acquisition costs help investors to obtain a better understanding of our operating results and prospects, consistent with how management measures and forecasts the Company's performance, especially when comparing such results to previous periods. An understanding of the impact in a particular quarter of specific restructuring costs, acquisition expenses, or other gains and losses, on net income (absolute as well as on a per-share basis), operating income or EBITDA can give management and investors additional insight into core financial performance, especially when compared to quarters in which such items had a greater or lesser effect, or no effect. Non-GAAP measures should be considered in addition to, and not as a replacement for, the corresponding GAAP measures, and may not be comparable to similarly titled measures reported by other companies.

About Standex

Standex International Corporation is a multi-industry manufacturer in five broad business segments: Engraving, Electronics, Engineering Technologies, Hydraulics, and Food Service Equipment with operations in the United States, Europe, Canada, Japan, Singapore, Mexico, Brazil, Turkey, South Africa, India and China. For additional information, visit the Company's website at http://standex.com/.

Contact:

Thomas DeByle, CFO

(603) 893-9701

e-mail : InvestorRelations@Standex.com

Standex International Corporation

Consolidated Statement of Operations

		Three Months Ended								Year Ended
		June 30,								June 30,
(In thousands, except per share data)		2019				2018				2019				2018
Net sales		$	209,198			$	203,469			$	791,579			$	770,452
Cost of sales			139,117				128,967				523,519				500,850
Gross profit			70,081				74,502				268,060				269,602
Selling, general and administrative expenses			48,178				47,086				184,733				178,878
Restructuring costs			461				1,172				1,635				6,964
Property insurance deductible			500				-				500				-
Acquisition related costs			723				749				3,075				3,749
Income from operations			20,219				25,495				78,117				80,011
Interest expense			2,160				2,230				10,760				8,029
Other (income) expense, net			51				385				1,744				1,735
Total			2,211				2,615				12,504				9,764
Continuing operations income before income taxes			18,008				22,880				65,613				70,247
Provision for income taxes			4,889				11,598				18,424				38,904
Net income from continuing operations			13,119				11,282				47,189				31,343
Income (loss) from discontinued operations, net of tax			(725	)			1,322				20,725				5,261
Net income		$	12,394			$	12,604			$	67,914			$	36,604
Basic earnings per share:
Income from continuing operations		$	1.06			$	0.89			$	3.75			$	2.47
Income (loss) from discontinued operations			(0.06	)			0.10				1.65				0.41
Total		$	1.00			$	0.99			$	5.40			$	2.88
Diluted earnings per share:
Income from continuing operations		$	1.05			$	0.88			$	3.74			$	2.45
Income (loss) from discontinued operations			(0.06	)			0.10				1.64				0.41
Total		$	0.99			$	0.98			$	5.38				2.86
Average Shares Outstanding
Basic			12,432				12,708				12,574				12,698
Diluted			12,483				12,797				12,633				12,788

Standex International Corporation

Condensed Consolidated Balance Sheets

		June 30,				June 30,
(In thousands)		2019				2018
ASSETS
Current assets:
Cash and cash equivalents		$	93,145			$	109,602
Accounts receivable, net			119,589				119,783
Inventories			88,645				104,300
Prepaid expenses and other current assets			30,872				10,255
Income taxes receivable			1,622				2,348
Current Assets - Discontinued Operations			-				37,671
Total current assets			333,873				383,959
Property, plant, equipment, net			148,024				136,934
Intangible assets, net			118,660				84,938
Goodwill			281,503				211,751
Deferred tax asset			14,140				7,447
Other non-current assets			25,689				29,749
Other non-current assets - Discontinued Operations			-				62,159
Total non-current assets			588,016				532,978
Total assets		$	921,889			$	916,937
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable		$	72,603			$	78,947
Accrued liabilities			62,648				57,679
Income taxes payable			5,744				6,050
Current Liabilities - Discontinued Operations			620				18,665
Total current liabilities			141,615				161,341
Long-term debt			197,610				193,772
Accrued pension and other non-current liabilities			118,351				111,029
Total non-current liabilities			315,961				304,801
Stockholders' equity:
Common stock			41,976				41,976
Additional paid-in capital			65,515				61,328
Retained earnings			818,282				761,430
Accumulated other comprehensive loss			(137,278	)			(121,859	)
Treasury shares			(324,182	)			(292,080	)
Total stockholders' equity			464,313				450,795
Total liabilities and stockholders' equity		$	921,889			$	916,937

Standex International Corporation and Subsidiaries

Statements of Consolidated Cash Flows

		Year Ended June 30,
(In thousands)		2019				2018
Cash Flows from Operating Activities
Net income		$	67,914			$	36,604
Income (loss) from discontinued operations			20,725				5,261
Income from continuing operations			47,189				31,343
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization			30,881				26,696
Stock-based compensation			4,350				4,961
Non-cash portion of restructuring charge			(329	)			(1,264	)
Disposal of real estate and equipment			-				(655	)
Contributions to defined benefit plans			(1,359	)			(6,966	)
Net changes in operating assets and liabilities			(7,564	)			6,317
Net cash provided by operating activities - continuing operations			73,168				60,432
Net cash provided by operating activities - discontinued operations			178				4,493
Net cash provided by (used in) operating activities			73,346				64,925
Cash Flows from Investing Activities
Expenditures for property, plant and equipment			(34,367	)			(25,275	)
Expenditures for acquisitions, net of cash acquired			(127,924	)			(10,397	)
Proceeds from sale of real estate and equipment			3,208				2,852
Other investing activities			(377	)			1,820
Net cash (used in) investing activities from continuing operations			(159,460	)			(31,000	)
Net cash provided by (used in) investing activities - discontinued operations			109,789				(1,265	)
Net cash (used in) investing activities			(49,671	)			(32,265	)
Cash Flows from Financing Activities
Net borrowing activity			4,800				(1,288	)
Contingent consideration payment			(910	)			-
Activity under share-based payment plans			1,129				915
Purchase of treasury stock			(33,394	)			(2,652	)
Cash dividends paid			(9,826	)			(8,888	)
Net cash provided by (used in) financing activities			(38,201	)			(11,913	)
Effect of exchange rate changes on cash			(1,931	)			289
Net changes in cash and cash equivalents			(16,457	)			21,036
Cash and cash equivalents at beginning of year			109,602				88,566
Cash and cash equivalents at end of period		$	93,145			$	109,602

Standex International Corporation

Selected Segment Data

		Three Months Ended								Year Ended
		June 30,								June 30,
(In thousands)		2019				2018				2019				2018
Net Sales
Engraving		$	38,091			$	35,818			$	149,693			$	136,275
Electronics			49,726				52,208				204,073				196,291
Engineering Technologies			33,452				25,161				105,270				90,781
Hydraulics			14,185				13,200				53,943				48,169
Food Service Equipment			73,744				77,082				278,600				298,936
Total		$	209,198			$	203,469			$	791,579			$	770,452
Income from operations
Engraving		$	5,113			$	7,883			$	23,996			$	29,618
Electronics			8,645				13,727				41,227				45,501
Engineering Technologies			4,534				2,627				11,169				6,506
Hydraulics			3,138				2,260				8,891				7,398
Food Service Equipment			7,356				8,297				22,773				28,129
Restructuring			(461	)			(1,172	)			(1,635	)			(6,964	)
Property Insurance Deductible			(500	)			-				(500	)			-
Acquisition related costs			(723	)			(749	)			(3,075	)			(3,749	)
Corporate			(6,883	)			(7,378	)			(24,729	)			(26,428	)
Total		$	20,219			$	25,495			$	78,117			$	80,011

Standex International Corporation

Reconciliation of GAAP to Non-GAAP Financial Measures

		Three Months Ended												Year Ended
		June 30,												June 30,
(In thousands, except percentages)		2019				2018				% Change				2019				2018				% Change
Adjusted income from operations and adjusted net income from continuing operations:
Income from operations, as reported		$	20,219			$	25,495				-20.7	%		$	78,117			$	80,011				-2.4	%
Adjustments:
Restructuring charges			461				1,172								1,635				6,964
Property Insurance Deductible			500				-								500				-
Purchase Accounting Expenses			180				-								691				204
Acquisition-related costs			723				749								3,075				3,749
Adjusted income from operations		$	22,083			$	27,416				-19.5	%		$	84,018			$	90,928				-7.6	%
Interest and other income (expense), net			(2,211	)			(2,615	)							(12,504	)			(9,764	)
Provision for income taxes			(4,889	)			(11,598	)							(18,424	)			(38,904	)
Discrete and other tax items			-				6,285								(779	)			20,844
Tax impact of above adjustments			(459	)			(474	)							(1,452	)			(2,696	)
Net income from continuing operations, as adjusted		$	14,524			$	19,014				-23.6	%		$	50,859			$	60,408				-15.8	%
EBITDA and Adjusted EBITDA:
Net income from continuing operations, as reported		$	13,119			$	11,282							$	47,189			$	31,343
Add back:
Provision for income taxes			4,889				11,598								18,424				38,904
Interest expense			2,160				2,230								10,760				8,029
Depreciation and amortization			8,087				7,065								30,881				26,696
EBITDA		$	28,255			$	32,175				-12.2	%		$	107,254			$	104,972				2.2	%
Adjustments:
Restructuring charges			461				1,172								1,635				6,964
Property Insurance Deductible			500				-								500				-
Purchase Accounting Expenses			180				-								691				204
Acquisition-related costs			723				749								3,075				3,749
Adjusted EBITDA		$	30,119			$	34,096				-11.7	%		$	113,155			$	115,889				-2.4	%
Free operating cash flow:
Net cash provided by operating activities - continuing operations, as reported		$	48,211			$	33,536							$	73,168				60,432
Add back: Voluntary pension contribution			-				5,500								-				5,500
Less: Capital expenditures			(16,523	)			(5,068	)							(34,367	)			(25,275	)
Free operating cash flow		$	31,688			$	33,968							$	38,801			$	40,657
Net income from continuing operations			13,119				11,282								47,189				31,343
Discrete tax item - tax on foreign cash			-				6,285								(778	)			20,844
Adjusted net income		$	13,119				17,567								46,411				52,187
Conversion of free operating cash flow			241.5	%			193.4	%							83.6	%			77.9	%

Standex International Corporation

Reconciliation of GAAP to Non-GAAP Financial Measures

		Three Months Ended												Year Ended
		June 30,												June 30,
Adjusted earnings per share from continuing operations		2019				2018				% Change				2019				2018				% Change
Diluted earnings per share from continuing operations, as reported		$	1.05			$	0.88				19.3	%		$	3.74			$	2.45				52.7	%
Adjustments:
Restructuring charges			0.03				0.07								0.10				0.41
Property Insurance Deductible			0.03				-								0.03				-
Purchase Accounting Expenses			0.01				-								0.04				0.01
Acquisition-related costs			0.04				0.04								0.18				0.22
Discrete and other tax items			-				0.49								(0.06	)			1.63
Diluted earnings per share from continuing operations, as adjusted		$	1.16			$	1.48				-21.6	%		$	4.03			$	4.72				-14.6	%