8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934

Date of Report (Date of earliest event reported): January 8, 2008

Robbins & Myers, Inc.

(Exact name of Registrant as specified in its charter)

Ohio	0-288	31-0424220
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

51 Plum St., Suite 260, Dayton, Ohio	45440
(Address of principal executive offices)	(Zip code)

937-458-6600

(Registrant’s telephone number including area code)

Not applicable

(Former name and former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition

On January 9, 2008, Robbins & Myers, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended November 30, 2007. A copy of the release is furnished herewith as Exhibit 99.1 and incorporated by reference herein.

Item 8.01 Other Events

On January 8, 2008, the Board of Directors of the Company declared a 2-for-1 stock split of the Company’s common shares, to be effected in the form of a share dividend (the “Stock Split”). Shareholders will receive one additional share for each common share of the Company owned as of the close of business on the record date of February 4, 2008. The additional shares will be issued on February 28, 2008. A copy of the Company’s press release announcing the Stock Split is furnished herewith as Exhibit 99.2.

On January 8, 2008, the Board of Directors also increased the Company’s quarterly dividend on its common shares from $0.065 per share to $0.075 per share stated on a pre-Stock Split basis. The Board also declared a dividend of $0.075 per share payable on February 16, 2008 to holders of record on January 25, 2008.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits — See Index to Exhibits

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Robbins & Myers, Inc.
Date: January 9, 2008	By:	/s/ Christopher M. Hix
		Christopher M. Hix
		Vice President and Chief Financial Officer

INDEX TO EXHIBITS

99     ADDITIONAL EXHIBITS

99.1	First Quarter Fiscal 2008 Earnings Press Release of Robbins & Myers, Inc., dated January 9, 2008.
99.2	Press Release of Robbins & Myers, Inc. Relating to Stock Split, dated January 9, 2008

EX-99.1 2 l29469aexv99w1.htm EX-99.1

Exhibit 99.1

Investor Relations
+1 (937) 458-6600

ROBBINS & MYERS REPORTS RECORD FIRST QUARTER RESULTS

Strong Growth and Operating Improvements Contribute to Jump in Profits

DAYTON, OHIO, January 9, 2008...Robbins & Myers, Inc. (NYSE:RBN) today reported diluted net earnings per share (DEPS) of $0.80 for its fiscal first quarter ended November 30, 2007, which is a first quarter record. In the prior year comparable period, the Company reported DEPS of $0.62, which included $0.19 of net benefit from special items that consisted primarily of a property sale gain. The year-over-year increase in DEPS was attributed to higher sales, an improved cost structure, and a lower tax rate. In addition, currency exchange rate changes contributed approximately $0.07 of the increase.

Robbins & Myers achieved record first quarter 2008 sales of $174 million, $19 million or 12% higher than in the prior year comparable period. Orders were a first quarter record $194 million, $32 million or 20% higher than in the prior year first quarter. Excluding the impact from disposed product lines and currency translation, sales increased 7% and orders increased 12%. All segments reported organic growth in the quarter, led by higher activity with the Company’s energy market customers. The Company ended the quarter with record backlog of $214 million.

The Company also reported $23 million of earnings before interest, taxes and minority interest (EBIT) in the first quarter of 2008, another first quarter record. EBIT margins were 13.4% in the quarter, an increase of 100 basis points. Excluding prior year special items, margins increased 390 basis points due largely to increased sales and completed restructuring activities. The Company also achieved a record $27 million of EBITDA in the first quarter of 2008, 45% higher than prior year results excluding special items.

“Our record first quarter results demonstrate the improvements we have made in our Company over the past few years,” said Peter C. Wallace, President and Chief Executive Officer of Robbins & Myers, Inc. “The Fluid Management group is benefiting from new product introductions and operational integration. The Process Solutions group continues to experience healthy demand from its global customer base, principally in the chemical markets, and is focused on business improvements. With the completion last year of announced restructuring actions, our Romaco group reported a profitable first quarter for the first time since fiscal 2004. While we are pleased to report record results, we recognize that we have significant opportunities for continuous improvement throughout Robbins & Myers.”

On the strength of first quarter performance, full year 2008 DEPS guidance was increased from $3.30-$3.50 to $3.55-$3.75. The Company also established second quarter 2008 DEPS guidance of $0.78-$0.88, as compared with actual results of $0.46 in the second quarter of 2007. The Company announced earlier today a 2-for-1 stock split of its common shares effected in the form of a share dividend on February 28, 2008 to holders of record on February 4, 2008. The Company’s guidance is stated on a pre-split basis.

Page 1 of 7

First Quarter Results by Segment

All comparisons are made against the comparable year-ago quarterly period unless otherwise stated.

The Company’s Fluid Management segment reported first quarter sales of $72 million, a 10% increase, and orders of $83 million, 24% higher. Excluding currency effects, sales increased 6% and orders improved 19% mostly as a result of favorable market conditions and customer demand for new Fluid Management products. EBIT grew 21% to $18 million, and margins expanded 230 basis points to 25.5%.

The Process Solutions segment reported sales of $71 million in the first quarter, a 9% increase or 3% before currency effects. Orders increased 19% to $77 million. Excluding currency effects, orders increased 8% on continued favorable conditions in global chemical markets. The segment achieved $8 million of EBIT in the first quarter. Excluding the $5 million property sale gain from the prior year, margins improved 120 basis points to 11.2%.

The Romaco segment reported first quarter sales of $30 million, 26% higher than in the prior year comparable period. Orders were $34 million, 11% higher. Excluding the impact from disposed product lines and currency translation, sales increased 18% and orders increased 5%. Increased sales and restructuring activities completed in the prior year enabled Romaco to achieve EBIT margins of 5.1% as compared with a loss of 12.4% in the prior year.

Conference Call to Be Held at 3:00 PM (EST) Today

A conference call to discuss these results has been scheduled for 3:00 p.m. EST on Wednesday, January 9, 2008, which can be accessed at www.robn.com or by dialing +1-866-713-8307 (US/Canada) or +1-617-597-5307, using conference ID #82145629. Replays of the call can be accessed by dialing +1-888-286-8010 (U.S./Canada) or +1-617-801-6888, both using replay ID #82410956.

About Robbins & Myers

Robbins & Myers, Inc. is a leading supplier of engineered equipment and systems for critical applications in global energy, industrial, chemical and pharmaceutical markets.

In this release the Company refers to various non-GAAP measures, including EBITDA (earnings before interest, taxes, depreciation and amortization). The Company believes these measures are helpful to investors in assessing its performance. Reconciliations of these measures to comparable GAAP results are provided further below in this release.

In addition to historical information, this release contains forward-looking statements identified by use of words such as “expects,” “anticipates,” “believes,” and similar expressions. These statements reflect management’s current expectations and involve known and unknown risks, uncertainties, contingencies and other factors that could cause actual results, performance or achievements to differ materially from those stated. The most significant of these risks and uncertainties are described in our Form 10-K and Form 10-Q reports filed with the Securities and Exchange Commission and include, but are not limited to: a significant decline in capital expenditures in the specialty chemical and pharmaceutical industries; a major decline in oil and natural gas prices; foreign exchange rate fluctuations; work stoppages related to union negotiations; customer order cancellations; business disruptions caused by the implementation of business computer systems; our ability to comply with the financial covenants and other provisions of our

Page 2 of 7

financing arrangements; events or circumstances which result in an impairment of assets; the potential impact of U.S. and foreign legislation, government regulations, and other governmental action, including those relating to export and import of products and materials, and changes in the interpretation and application of such laws and regulations; the outcome of audit, compliance, administrative or investigatory reviews; and general economic conditions that can affect demand in the process industries. Except as otherwise required by law, we do not undertake any obligation to publicly update or revise these forward- looking statements to reflect events or circumstances after the date hereof.

Page 3 of 7

ROBBINS & MYERS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEET
(Unaudited)

(in thousands)	November 30, 2007		August 31, 2007
ASSETS
Current Assets:
Cash and cash equivalents	$	108,011	$	116,110
Accounts receivable		151,255		152,779
Inventories		112,875		99,196
Other current assets		9,613		7,410
Deferred taxes		10,978		11,178
Total Current Assets		392,732		386,673
Goodwill & Other Intangible Assets		288,244		278,422
Deferred taxes		9,528		9,583
Other Assets		11,980		12,196
Property, Plant & Equipment		134,903		129,269
	$	837,387	$	816,143
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Accounts payable	$	73,244	$	78,890
Accrued expenses		100,286		105,394
Current portion of long-term debt		72,730		72,522
Total Current Liabilities		246,260		256,806
Long-Term Debt — Less Current Portion		30,595		30,553
Deferred Taxes		24,818		24,818
Other Long-Term Liabilities		100,575		91,448
Shareholders’ Equity		435,139		412,518
	$	837,387	$	816,143

Page 4 of 7

ROBBINS & MYERS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED INCOME STATEMENT
(Unaudited)

	Three Months Ended
	November 30,		November 30,
(in thousands, except per share data)	2007		2006
Sales	$	173,536	$	154,433
Cost of sales		110,674		100,570
Gross profit		62,862		53,863
SG&A expenses		39,641		39,139
Other (income) expense		0		(4,439	)
Income before interest and income taxes		23,221		19,163
Interest expense		727		1,540
Income before income taxes and minority interest		22,494		17,623
Income tax expense		7,955		6,663
Minority interest		601		347
Net income	$	13,938	$	10,613
Net Income Per Share:
Basic	$	0.81	$	0.63
Diluted	$	0.80	$	0.62
Weighted Average Common Shares Outstanding:
Basic		17,185		16,852
Diluted		17,321		17,031

Page 5 of 7

ROBBINS & MYERS, INC. AND SUBSIDIARIES
CONDENSED BUSINESS SEGMENT INFORMATION
(Unaudited)

	Three Months Ended
	November 30,			November 30,
(in thousands)	2007			2006
Sales
Fluid Management	$	72,355		$	65,593
Process Solutions		70,849			64,859
Romaco		30,332			23,981		(2	)
Total	$	173,536		$	154,433
Income Before Interest and Income Taxes (EBIT)
Fluid Management	$	18,448		$	15,209
Process Solutions		7,956			11,513		(1	)
Romaco		1,545			(2,972	)	(2	)
Corporate and Eliminations		(4,728	)		(4,587	)
Total	$	23,221		$	19,163
Depreciation and Amortization
Fluid Management	$	1,653		$	1,706
Process Solutions		1,669			1,594
Romaco		452			453
Corporate and Eliminations		222			256
Total	$	3,996		$	4,009
Orders
Fluid Management	$	82,792		$	66,541
Process Solutions		77,416			65,104
Romaco		33,713			30,283
Total	$	193,921		$	161,928
Backlog
Fluid Management	$	53,394		$	34,248
Process Solutions		105,481			88,677
Romaco		55,332			59,017
Total	$	214,207		$	181,942

(1) Fiscal 2007 includes a $5,036,000 gain on the sale of land and buildings.

(2) Fiscal 2007 includes $597,000 of costs related to the restructuring of our Romaco business. Fiscal 2007 also includes the sales and operations of the Zanchetta product line disposed in March of fiscal 2007.

Page 6 of 7

Robbins & Myers, Inc. and Subsidiaries
Reconciliation of Net Income to EBIT and EBITDA

	Three Months Ended
	November 30,			November 30,
	2007			2006
Net income	$	13,938		$	10,613
Interest expense		727			1,540
Income taxes		7,955			6,663
Minority interest		601			347
EBIT		23,221			19,163
Minority interest		(601	)		(347	)
Depreciation & amortization		3,996			4,009
EBITDA		26,616			22,825
Special items
Other (income) expense		0			(4,439	)
EBITDA before special items		26,616			18,386

Page 7 of 7

EX-99.2 3 l29469aexv99w2.htm EX-99.2

Exhibit 99.2

Investor Relations
+1 (937) 458-6600

ROBBINS & MYERS ANNOUNCES 2-FOR-1 STOCK SPLIT AND INCREASE IN CASH
DIVIDEND

DAYTON, OHIO, January 9, 2008. .. Robbins & Myers, Inc. (NYSE:RBN) announced today that its Board of Directors has declared a
2-for-1 stock split of the Company’s common shares, to be effected in the form of a share dividend. Shareholders will receive one additional share for each common share of Robbins & Myers. Inc. owned as of the close of business on the record date of February 4, 2008. The additional shares will be issued on February 28, 2008. The Company’s common shares will begin trading on the split-adjusted basis on February 29, 2008. As a result of the stock split, the number of common shares issued and outstanding will increase from approximately 17.24 million shares to approximately 34.48 million shares.

The Board of Directors also approved a 15.3% increase in its regular quarterly cash dividend payment of $0.065 per share to $0.075 per share on a pre-split basis. The dividend is payable on February 15, 2008 to shareholders of record as of January 25, 2008.

Peter C. Wallace, President and Chief Executive Officer, commented, “These actions reflect consistent growth in our operating results, our strong financial position, significant increases in the value of the Company’s common shares, and opportunities for further growth. Management remains committed to creating value for our shareholders.”

National City Bank, the Company’s transfer agent, will issue the split shares through book entry for all shareholders, including those who hold certificates for their shares. On or about February 28, 2008, the transfer agent will mail new statements to our shareholders of record on February 4, 2008, reflecting the additional shares issued to each shareholder in book entry form due to the stock split.

Robbins & Myers, Inc. is a leading supplier of engineered equipment and systems for critical applications in global energy, industrial, chemical and pharmaceutical markets.

In addition to historical information, this release contains forward-looking statements identified by use of words such as “expects,” “anticipates,” “believes,” and similar expressions. These statements reflect management’s current expectations and involve known and unknown risks, uncertainties, contingencies and other factors that could cause actual results, performance or achievements to differ materially from those stated. The most significant of these risks and uncertainties are described in our Form 10-K and Form 10-Q reports filed with the Securities

Page 1 of 2

and Exchange Commission and include, but are not limited to: a significant decline in capital expenditures in the specialty chemical and pharmaceutical industries; a major decline in oil and natural gas prices; foreign exchange rate fluctuations; work stoppages related to union negotiations; customer order cancellations; business disruptions caused by the implementation of business computer systems; our ability to comply with the financial covenants and other provisions of our financing arrangements; events or circumstances which result in an impairment of assets; the potential impact of U.S. and foreign legislation, government regulations, and other governmental action, including those relating to export and import of products and materials, and changes in the interpretation and application of such laws and regulations; the outcome of audit, compliance, administrative or investigatory reviews; and general economic conditions that can affect demand in the process industries. Except as otherwise required by law, we do not undertake any obligation to publicly update or revise these forward- looking statements to reflect events or circumstances after the date hereof.

      ###END###

Page 2 of 2

-----END PRIVACY-ENHANCED MESSAGE-----

EX-99.1

Exhibit 99.1

Investor Relations
+1 (937) 458-6600

ROBBINS & MYERS REPORTS RECORD FIRST QUARTER RESULTS

Strong Growth and Operating Improvements Contribute to Jump in Profits

DAYTON, OHIO, January 9, 2008...Robbins & Myers, Inc. (NYSE:RBN) today reported diluted net earnings per share (DEPS) of $0.80 for its fiscal first quarter ended November 30, 2007, which is a first quarter record. In the prior year comparable period, the Company reported DEPS of $0.62, which included $0.19 of net benefit from special items that consisted primarily of a property sale gain. The year-over-year increase in DEPS was attributed to higher sales, an improved cost structure, and a lower tax rate. In addition, currency exchange rate changes contributed approximately $0.07 of the increase.

Robbins & Myers achieved record first quarter 2008 sales of $174 million, $19 million or 12% higher than in the prior year comparable period. Orders were a first quarter record $194 million, $32 million or 20% higher than in the prior year first quarter. Excluding the impact from disposed product lines and currency translation, sales increased 7% and orders increased 12%. All segments reported organic growth in the quarter, led by higher activity with the Company’s energy market customers. The Company ended the quarter with record backlog of $214 million.

The Company also reported $23 million of earnings before interest, taxes and minority interest (EBIT) in the first quarter of 2008, another first quarter record. EBIT margins were 13.4% in the quarter, an increase of 100 basis points. Excluding prior year special items, margins increased 390 basis points due largely to increased sales and completed restructuring activities. The Company also achieved a record $27 million of EBITDA in the first quarter of 2008, 45% higher than prior year results excluding special items.

“Our record first quarter results demonstrate the improvements we have made in our Company over the past few years,” said Peter C. Wallace, President and Chief Executive Officer of Robbins & Myers, Inc. “The Fluid Management group is benefiting from new product introductions and operational integration. The Process Solutions group continues to experience healthy demand from its global customer base, principally in the chemical markets, and is focused on business improvements. With the completion last year of announced restructuring actions, our Romaco group reported a profitable first quarter for the first time since fiscal 2004. While we are pleased to report record results, we recognize that we have significant opportunities for continuous improvement throughout Robbins & Myers.”

On the strength of first quarter performance, full year 2008 DEPS guidance was increased from $3.30-$3.50 to $3.55-$3.75. The Company also established second quarter 2008 DEPS guidance of $0.78-$0.88, as compared with actual results of $0.46 in the second quarter of 2007. The Company announced earlier today a 2-for-1 stock split of its common shares effected in the form of a share dividend on February 28, 2008 to holders of record on February 4, 2008. The Company’s guidance is stated on a pre-split basis.

Page 1 of 7

First Quarter Results by Segment

All comparisons are made against the comparable year-ago quarterly period unless otherwise stated.

The Company’s Fluid Management segment reported first quarter sales of $72 million, a 10% increase, and orders of $83 million, 24% higher. Excluding currency effects, sales increased 6% and orders improved 19% mostly as a result of favorable market conditions and customer demand for new Fluid Management products. EBIT grew 21% to $18 million, and margins expanded 230 basis points to 25.5%.

The Process Solutions segment reported sales of $71 million in the first quarter, a 9% increase or 3% before currency effects. Orders increased 19% to $77 million. Excluding currency effects, orders increased 8% on continued favorable conditions in global chemical markets. The segment achieved $8 million of EBIT in the first quarter. Excluding the $5 million property sale gain from the prior year, margins improved 120 basis points to 11.2%.

The Romaco segment reported first quarter sales of $30 million, 26% higher than in the prior year comparable period. Orders were $34 million, 11% higher. Excluding the impact from disposed product lines and currency translation, sales increased 18% and orders increased 5%. Increased sales and restructuring activities completed in the prior year enabled Romaco to achieve EBIT margins of 5.1% as compared with a loss of 12.4% in the prior year.

Conference Call to Be Held at 3:00 PM (EST) Today

A conference call to discuss these results has been scheduled for 3:00 p.m. EST on Wednesday, January 9, 2008, which can be accessed at www.robn.com or by dialing +1-866-713-8307 (US/Canada) or +1-617-597-5307, using conference ID #82145629. Replays of the call can be accessed by dialing +1-888-286-8010 (U.S./Canada) or +1-617-801-6888, both using replay ID #82410956.

About Robbins & Myers

Robbins & Myers, Inc. is a leading supplier of engineered equipment and systems for critical applications in global energy, industrial, chemical and pharmaceutical markets.

In this release the Company refers to various non-GAAP measures, including EBITDA (earnings before interest, taxes, depreciation and amortization). The Company believes these measures are helpful to investors in assessing its performance. Reconciliations of these measures to comparable GAAP results are provided further below in this release.

In addition to historical information, this release contains forward-looking statements identified by use of words such as “expects,” “anticipates,” “believes,” and similar expressions. These statements reflect management’s current expectations and involve known and unknown risks, uncertainties, contingencies and other factors that could cause actual results, performance or achievements to differ materially from those stated. The most significant of these risks and uncertainties are described in our Form 10-K and Form 10-Q reports filed with the Securities and Exchange Commission and include, but are not limited to: a significant decline in capital expenditures in the specialty chemical and pharmaceutical industries; a major decline in oil and natural gas prices; foreign exchange rate fluctuations; work stoppages related to union negotiations; customer order cancellations; business disruptions caused by the implementation of business computer systems; our ability to comply with the financial covenants and other provisions of our

Page 2 of 7

financing arrangements; events or circumstances which result in an impairment of assets; the potential impact of U.S. and foreign legislation, government regulations, and other governmental action, including those relating to export and import of products and materials, and changes in the interpretation and application of such laws and regulations; the outcome of audit, compliance, administrative or investigatory reviews; and general economic conditions that can affect demand in the process industries. Except as otherwise required by law, we do not undertake any obligation to publicly update or revise these forward- looking statements to reflect events or circumstances after the date hereof.

Page 3 of 7

ROBBINS & MYERS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEET
(Unaudited)

(in thousands)	November 30, 2007		August 31, 2007
ASSETS
Current Assets:
Cash and cash equivalents	$	108,011	$	116,110
Accounts receivable		151,255		152,779
Inventories		112,875		99,196
Other current assets		9,613		7,410
Deferred taxes		10,978		11,178
Total Current Assets		392,732		386,673
Goodwill & Other Intangible Assets		288,244		278,422
Deferred taxes		9,528		9,583
Other Assets		11,980		12,196
Property, Plant & Equipment		134,903		129,269
	$	837,387	$	816,143
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Accounts payable	$	73,244	$	78,890
Accrued expenses		100,286		105,394
Current portion of long-term debt		72,730		72,522
Total Current Liabilities		246,260		256,806
Long-Term Debt — Less Current Portion		30,595		30,553
Deferred Taxes		24,818		24,818
Other Long-Term Liabilities		100,575		91,448
Shareholders’ Equity		435,139		412,518
	$	837,387	$	816,143

Page 4 of 7

ROBBINS & MYERS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED INCOME STATEMENT
(Unaudited)

	Three Months Ended
	November 30,		November 30,
(in thousands, except per share data)	2007		2006
Sales	$	173,536	$	154,433
Cost of sales		110,674		100,570
Gross profit		62,862		53,863
SG&A expenses		39,641		39,139
Other (income) expense		0		(4,439	)
Income before interest and income taxes		23,221		19,163
Interest expense		727		1,540
Income before income taxes and minority interest		22,494		17,623
Income tax expense		7,955		6,663
Minority interest		601		347
Net income	$	13,938	$	10,613
Net Income Per Share:
Basic	$	0.81	$	0.63
Diluted	$	0.80	$	0.62
Weighted Average Common Shares Outstanding:
Basic		17,185		16,852
Diluted		17,321		17,031

Page 5 of 7

ROBBINS & MYERS, INC. AND SUBSIDIARIES
CONDENSED BUSINESS SEGMENT INFORMATION
(Unaudited)

	Three Months Ended
	November 30,			November 30,
(in thousands)	2007			2006
Sales
Fluid Management	$	72,355		$	65,593
Process Solutions		70,849			64,859
Romaco		30,332			23,981		(2	)
Total	$	173,536		$	154,433
Income Before Interest and Income Taxes (EBIT)
Fluid Management	$	18,448		$	15,209
Process Solutions		7,956			11,513		(1	)
Romaco		1,545			(2,972	)	(2	)
Corporate and Eliminations		(4,728	)		(4,587	)
Total	$	23,221		$	19,163
Depreciation and Amortization
Fluid Management	$	1,653		$	1,706
Process Solutions		1,669			1,594
Romaco		452			453
Corporate and Eliminations		222			256
Total	$	3,996		$	4,009
Orders
Fluid Management	$	82,792		$	66,541
Process Solutions		77,416			65,104
Romaco		33,713			30,283
Total	$	193,921		$	161,928
Backlog
Fluid Management	$	53,394		$	34,248
Process Solutions		105,481			88,677
Romaco		55,332			59,017
Total	$	214,207		$	181,942

(1) Fiscal 2007 includes a $5,036,000 gain on the sale of land and buildings.

(2) Fiscal 2007 includes $597,000 of costs related to the restructuring of our Romaco business. Fiscal 2007 also includes the sales and operations of the Zanchetta product line disposed in March of fiscal 2007.

Page 6 of 7

Robbins & Myers, Inc. and Subsidiaries
Reconciliation of Net Income to EBIT and EBITDA

	Three Months Ended
	November 30,			November 30,
	2007			2006
Net income	$	13,938		$	10,613
Interest expense		727			1,540
Income taxes		7,955			6,663
Minority interest		601			347
EBIT		23,221			19,163
Minority interest		(601	)		(347	)
Depreciation & amortization		3,996			4,009
EBITDA		26,616			22,825
Special items
Other (income) expense		0			(4,439	)
EBITDA before special items		26,616			18,386

Page 7 of 7

EX-99.2

Exhibit 99.2

Investor Relations
+1 (937) 458-6600

ROBBINS & MYERS ANNOUNCES 2-FOR-1 STOCK SPLIT AND INCREASE IN CASH
DIVIDEND

DAYTON, OHIO, January 9, 2008. .. Robbins & Myers, Inc. (NYSE:RBN) announced today that its Board of Directors has declared a
2-for-1 stock split of the Company’s common shares, to be effected in the form of a share dividend. Shareholders will receive one additional share for each common share of Robbins & Myers. Inc. owned as of the close of business on the record date of February 4, 2008. The additional shares will be issued on February 28, 2008. The Company’s common shares will begin trading on the split-adjusted basis on February 29, 2008. As a result of the stock split, the number of common shares issued and outstanding will increase from approximately 17.24 million shares to approximately 34.48 million shares.

The Board of Directors also approved a 15.3% increase in its regular quarterly cash dividend payment of $0.065 per share to $0.075 per share on a pre-split basis. The dividend is payable on February 15, 2008 to shareholders of record as of January 25, 2008.

Peter C. Wallace, President and Chief Executive Officer, commented, “These actions reflect consistent growth in our operating results, our strong financial position, significant increases in the value of the Company’s common shares, and opportunities for further growth. Management remains committed to creating value for our shareholders.”

National City Bank, the Company’s transfer agent, will issue the split shares through book entry for all shareholders, including those who hold certificates for their shares. On or about February 28, 2008, the transfer agent will mail new statements to our shareholders of record on February 4, 2008, reflecting the additional shares issued to each shareholder in book entry form due to the stock split.

Robbins & Myers, Inc. is a leading supplier of engineered equipment and systems for critical applications in global energy, industrial, chemical and pharmaceutical markets.

In addition to historical information, this release contains forward-looking statements identified by use of words such as “expects,” “anticipates,” “believes,” and similar expressions. These statements reflect management’s current expectations and involve known and unknown risks, uncertainties, contingencies and other factors that could cause actual results, performance or achievements to differ materially from those stated. The most significant of these risks and uncertainties are described in our Form 10-K and Form 10-Q reports filed with the Securities

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and Exchange Commission and include, but are not limited to: a significant decline in capital expenditures in the specialty chemical and pharmaceutical industries; a major decline in oil and natural gas prices; foreign exchange rate fluctuations; work stoppages related to union negotiations; customer order cancellations; business disruptions caused by the implementation of business computer systems; our ability to comply with the financial covenants and other provisions of our financing arrangements; events or circumstances which result in an impairment of assets; the potential impact of U.S. and foreign legislation, government regulations, and other governmental action, including those relating to export and import of products and materials, and changes in the interpretation and application of such laws and regulations; the outcome of audit, compliance, administrative or investigatory reviews; and general economic conditions that can affect demand in the process industries. Except as otherwise required by law, we do not undertake any obligation to publicly update or revise these forward- looking statements to reflect events or circumstances after the date hereof.

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