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ROBBINS & MYERS YEAR END RESULTS STEADY IN DOWN ECONOMY

 ROBBINS & MYERS YEAR END RESULTS STEADY IN DOWN ECONOMY
 DAYTON, Ohio, Oct. 7 /PRNewswire/ -- Robbins & Myers, Inc. (NASDAQ: ROBN) today reported that it ended its fiscal year Aug. 31 with stable results in spite of a weak economy. While sales were down 4 percent from fiscal 1991 to $75.6 million, pretax profitability was up 1.2 percent at $9.8 million versus $9.7 million for 1991. Net income from continuing operations was reported at $7.9 million compared to $8.7 million for last year due to a higher income tax rate as the benefits from the company's tax loss carryforward were reduced. Fully diluted earnings per share from continuing operations for fiscal 1992 were $1.50 versus $1.67 for fiscal 1991.
 "We are disappointed that the steady growth of the past few years did not continue," said Daniel W. Duval, president and chief executive officer. "In this highly challenging year with a very soft economy, our results were mixed. We saw some improvement in our industrial business, but this was offset by a substantial slowing in the oil and gas recovery sector."
 The company's balance sheet remains very strong with cash and marketable securities of $24 million and a current ratio in excess of four-to-one. Long term debt remained below $1 million.
 Revenues for the fourth quarter were $18 million compared to $20 million for the same period in fiscal 1991 reflecting the weak oil and gas recovery market. However, income from continuing operations for the quarter, at $1.8 million, was flat with the fourth quarter of 1991. Fully diluted earnings per share from continuing operations were $.35 for the quarter, the same as 1991.
 Duval stated, "We are encouraged by the continuing improvements at the operating level and by the upturn in orders which, hopefully, is a signal of an improving economy."
 The company also announced its board of directors approved the payment of a $.05 per share dividend payable Oct. 30, 1992 to shareholders of record Oct. 15, 1992.
 Robbins & Myers, Inc. is an international manufacturer and marketer of high value, superior quality fluid management products and systems for the process industries including: waste water, chemical, food, pharmaceutical, pulp and paper and energy recovery. Headquartered in Dayton, Ohio, Robbins & Myers has facilities in the United States, Canada, Europe and Singapore.
 The company's shares on traded on the NASDAQ/NMS under the symbol ROBN.
 ROBBINS & MYERS, INC.
 FOURTH QUARTER 1992
 COMPARATIVE FINANCIAL HIGHLIGHTS
 Three Months Ended
 Aug. 31 Aug. 31
 From continuing operations: 1992 1991
 Net sales $18,032,000 $20,042,000
 Income before income taxes 1,948,000 1,953,000
 Income taxes 110,000 96,000
 Income from continuing operations 1,838,000 1,857,000
 From discontinued operations:
 Loss from operations - net of
 income taxes 0 (1,203,000)
 Loss on disposal - net of
 income taxes 0 (1,186,000)
 Loss from discontinued operations 0 (2,389,000)
 Net income (loss) $1,838,000 ($532,000)
 Fully diluted earnings per share:
 Income from continuing operations $0.35 $0.35
 Loss from discontinued operations $0.00 ($0.45)
 Total $0.35 ($0.10)
 Average common shares outstanding,
 including dilutive shares 5,230,000 5,213,000
 Unfilled orders $12,210,000 $17,762,000
 Twelve Months Ended
 Aug. 31 Aug. 31
 From continuing operations: 1992 1991
 Net sales $75,588,000 $78,662,000
 Income before income taxes 9,832,000 9,711,000
 Income taxes 1,959,000 1,041,000
 Income from continuing operations 7,873,000 8,670,000
 From discontinued operations:
 Loss from operations - net of
 income taxes 0 (2,097,000)
 Loss on disposal - net of
 income taxes 0 (1,561,000)
 Loss from discontinued operations 0 (3,658,000)
 Net income (loss) $7,873,000 $5,012,000
 Fully diluted earnings per share:
 Income from continuing operations $1.50 $1.67
 Loss from discontinued operations $0.00 ($0.71)
 Total $1.50 $0.96
 Average common shares outstanding,
 including dilutive shares 5,241,000 5,195,000
 Unfilled orders $12,210,000 $17,762,000
 -0- 10/7/92
 /CONTACT: Hugh E. Becker, director of corporate relations for Robbins & Myers, Inc., 513-225-3335/
 (ROBN) CO: Robbins & Myers, Inc. ST: Ohio IN: MAC SU: ERN


BM -- CL006 -- 7464 10/07/92 12:31 EDT
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