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Kewaunee Scientific Corporation (NASDAQ: KEQU) |
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Description of Kewaunee Scientific's Business Segments
Kewaunee Scientific Corporation is a prominent manufacturer and supplier specializing in laboratory furniture and equipment, tailored to the needs of various markets including research, industrial sectors, and healthcare. The companys offerings are organized into three primary business segments: Laboratory Furniture Solutions, Science and Healthcare Solutions, and Education and Government Solutions. Each segment provides a comprehensive range of products and services designed to address the specific requirements of its diverse clientele.
1. Laboratory Furniture Solutions:
Kewaunees Laboratory Furniture Solutions include a wide array of products and services aimed at enhancing laboratory functionality and safety.
- Laboratory Casework and Countertops:
Kewaunee manufactures an extensive selection of casework and countertops, material choices such as wood, steel, phenolic resin, and epoxy. Each option is tailored for chemical resistance, durability, and aesthetic appeal to meet various laboratory specifications. Custom configurations ensure that every laboratory layout is efficient and compliant with safety standards.
- Fume Hoods and Ventilated Enclosures:
The company offers a robust line of fume hoods, including traditional hoods, ductless hoods, and laminar flow clean benches. These products are engineered to protect laboratory personnel from hazardous fumes and ensure safe air quality through state-of-the-art filtration and exhaust systems. Kewaunee also provides technical support and maintenance services for these critical safety systems.
- Laboratory Accessories:
To complement its core offerings, Kewaunee supplies essential laboratory accessories such as sinks, laboratory faucets, pegboards for organizing tools, eyewash stations for emergency response, and other utility items. These accessories are integral to creating a functional and compliant lab environment.
Science and Healthcare Solutions:
In addressing the specialized needs of the research and healthcare sectors, Kewaunee provides a suite of tailored solutions.
- Total Laboratory Design and Project Management Services:
Kewaunee offers comprehensive services that encompass the entire laboratory design process. This includes assessing client needs, conducting site evaluations, and providing cost estimates. The company manages the construction planning phase to ensure adherence to timelines and budgets, ultimately facilitating the commissioning of the laboratory.
- Healthcare Casework and Architectural Millwork:
Kewaunee specializes in custom casework solutions for healthcare facilities, which includes designing, manufacturing, and installing casework in hospitals, medical centers, and clinics. The offerings range from waiting room furniture to specialized modular units for examination and operating rooms, integrating functionality with aesthetic design.
- Stainless Steel Furniture:
The company's stainless steel product line includes laboratory tables, cabinets, and specialized storage solutions. Stainless steel is selected for its durability, ease of cleaning, and resistance to contamination and corrosion, making it particularly suitable for environments requiring high hygiene standards.
Education and Government Solutions:
Kewaunees Education and Government Solutions segment focuses on providing furniture and storage solutions specifically designed for educational institutions and governmental agencies.
- Educational Lab Furniture and Classroom Storage Solutions:
Kewaunee designs and supplies a variety of educational lab furniture tailored for classrooms and laboratories in schools, colleges, and universities. This includes lab stations, modular workspaces, and classroom storage systems that facilitate interactive and effective learning environments.
- Government Furniture and Storage Solutions:
For governmental clients, Kewaunee provides specialized furniture and storage solutions, including secure storage for sensitive items such as arms, ammunition, and evidence. These solutions are designed to meet strict regulatory compliance and enhance operational efficiency in government facilities.
Conclusion:
Kewaunee Scientific Corporation delivers a comprehensive suite of products and services across its three primary segments: Laboratory Furniture Solutions, Science and Healthcare Solutions, and Education and Government Solutions. From customized laboratory design and essential infrastructure like casework and fume hoods to healthcare and educational furnishings, Kewaunee remains committed to innovation. The companys ability to adapt its offerings to meet the specific needs of a diverse range of clients ensures its position as a leader in the laboratory and healthcare furniture industry. By continuously refining and enhancing its products and services, Kewaunee Scientific Corporation contributes significantly to the operational success and safety of its clients across various sectors.
Composition of Kewaunee Scientific Corporation Revenues by
Segments |
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| Over Time |
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 72.72 % |
of total Revenue |
| Point in Time |
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28.46 % |
of total Revenue |
| Domestic |
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78.3 % |
of total Revenue |
| Domestic Over Time |
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49.84 % |
of total Revenue |
| Domestic Point in Time |
|
28.46 % |
of total Revenue |
| International |
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22.89 % |
of total Revenue |
| International Over Time |
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22.89 % |
of total Revenue |
| Corporate Eliminations |
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-1.46 % |
of total Revenue |
| Domestic Operations |
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78.3 % |
of total Revenue |
| International Operations |
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22.89 % |
of total Revenue |
Q3 three months ended (Jan 31 2025)
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| Revenues by Business Segments |
Revenues
(in millions $) |
%
(of total Revenues) |
| Over Time |
48.27 |
72.72 % |
| Point in Time |
18.89 |
28.46 % |
| Domestic |
51.98 |
78.3 % |
| Domestic Over Time |
33.08 |
49.84 % |
| Domestic Point in Time |
18.89 |
28.46 % |
| International |
15.19 |
22.89 % |
| International Over Time |
15.19 |
22.89 % |
| Corporate Eliminations |
-0.97 |
-1.46 % |
| Domestic Operations |
51.98 |
78.3 % |
| International Operations |
15.19 |
22.89 % |
| Total |
66.38 |
100 % |
Q3 three months ended (Jan 31 2025)
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| Revenue Growth rates by Segment |
Y/Y Revenue
% |
Q/Q Revenue
% |
| Over Time |
6.77 % |
3.86 % |
| Point in Time |
1105.74 % |
1369.21 % |
| Domestic |
63.58 % |
42.76 % |
| Domestic Over Time |
9.52 % |
-5.81 % |
| Domestic Point in Time |
1105.74 % |
1369.21 % |
| International |
1.25 % |
33.78 % |
| International Over Time |
1.25 % |
33.78 % |
| Corporate Eliminations |
- |
- |
| Domestic Operations |
63.58 % |
42.76 % |
| International Operations |
1.25 % |
33.78 % |
| Total |
44.21 % |
41.38 % |
Q3 three months ended (Jan 31 2025)
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| Income by Business Segments |
Income
(in millions $) |
%
(Profit Margin) |
| Total |
1.38 |
2.08 % |
Q3 three months ended (Jan 31 2025)
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| Income Growth rates by Segment |
Y/Y Income
% |
Q/Q Income
% |
| Total |
-45.4 % |
-54.13 % |
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