# Standex Expects High-Single-Digit Sales Growth in Fiscal 2027

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/45173
Published: 2026-10-30T22:12:27.000Z
Updated: 2026-10-30T22:12:27.000Z
Section: Business

> The company projects high-teens adjusted earnings per share growth and expects data centers to account for about 30% of more than $100 million in organic growth this fiscal year.

Standex International Corporation expects sales to grow at a high-single-digit rate in fiscal 2027, with high-teens adjusted earnings per share growth, after posting record first-quarter sales.

Fiscal first-quarter sales were about $233 million, with double-digit organic growth. The Electronics segment grew organically by nearly 30%, and order intake also reached a record.

Standex expects data centers to account for about 30% of more than $100 million in organic growth this fiscal year. The company is expanding grid capacity and expects production from Croatia to begin shipping within the quarter, followed by a stronger ramp in fiscal third and fourth quarters.

Standex kept its fiscal 2028 goals of sales above $1.1 billion and an adjusted operating margin of 23%.