Standex International Corporation (NYSE:SXI) Q2 2023 Earnings Call Transcript

Page 5 of 5

Ademir Sarcevic: Yes. Ross, I mean I think if you remember we put up those few slides by segment that kind of shows the margin potential of each segment. Some of that will be purely volume growth and pricing. But there are a couple of segments and specifically in Engraving and Engineering Technologies, there is more productivity actions to — that we need to drive to get those margins to hit those levels that we summarized in the slide. So, it’s really a mix of everything. And as we have focused on this over the last few years, we’re going to continue to focus on driving productivity in our businesses, and as well as growth and hitting those targets.

Ross Sparenblek: All right.

Operator: This concludes our question-and-answer session. I would like to turn the conference back over to David Dunbar for any closing remarks.

David Dunbar: All right. Thank you. I want to thank everybody for joining us for the call. We enjoy reporting on our progress with Standex. And finally, again, I want to thank our employees and shareholders for your continued support and contributions. We look forward to speaking with you again in our fiscal third quarter 2023 call.

Operator: Conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.

Follow Standex International Corp (NYSE:SXI)

Page 5 of 5