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Nordson Corporation (NDSN) is a leading innovator in the engineering, manufacturing, and marketing of products and systems for precision dispensing and processing. Established in 1954 and headquartered in Westlake, Ohio, the company operates with a commitment to integrity, respect for people, customer passion, energy, and excellence.
Nordson specializes in equipment such as pumps, valves, dispensers, applicators, filters, and pelletizers used for dispensing adhesives, coatings, sealants, and other materials. The firm caters to a broad range of industries, including packaging, medical, electronics, and industrial sectors.
Organized into three primary segments: Industrial Precision Solutions, Medical and Fluid Solutions, and Advanced Technology Solutions, Nordson is dedicated to pioneering efficiency and innovation.
In fiscal 2023, Nordson reported revenues of approximately $2.6 billion, underscoring its significant market presence. The company continually invests in advanced technologies and has an extensive global footprint with direct operations in over 30 countries, enabling it to provide robust customer support and service worldwide.
Recent achievements include advancements in precision fluid dispensing technology and strategic collaborations to enhance their product offerings. Nordson's ongoing projects reflect its commitment to sustainability and technological advancement, ensuring that it remains at the forefront of industry innovation.
Nordson (NDSN) reported first quarter fiscal 2025 results with sales of $615 million, showing a 2.8% year-over-year decrease. The quarter included an 8% favorable acquisition impact, offset by a 9% organic sales decrease and 2% unfavorable currency translation.
Net income was $95 million, or $1.65 per diluted share, compared to $110 million ($1.90 per share) in the prior year. Adjusted earnings per share were $2.06, down 7% from $2.21. EBITDA was $188 million, representing 31% of sales.
The company saw backlog growth of 15% during the quarter, reaching approximately $670 million. For Q2 fiscal 2025, Nordson expects sales between $650-$690 million and adjusted earnings of $2.30-$2.50 per diluted share.
Nordson Electronics Solutions has been awarded the 2024 Jabil Best Strategic Supplier Award for their excellence in fluid dispensing systems used in electronics manufacturing. The award, presented during the Jabil Asia Indirect Supplier Conference in Shenzhen, China on November 28, 2024, recognizes superior performance in quality, delivery, innovation, and partnership.
Justin Hall, vice president of Nordson Electronics Solutions, acknowledged the honor, emphasizing their team's dedication to delivering products and being a reliable partner in Jabil's supply chain. This recognition reinforces Nordson's position as a key provider of fluid dispensing and conformal coating solutions in the electronics manufacturing industry.
Nordson (NDSN) has announced it will release its first quarter fiscal year 2025 earnings report on February 19, 2025, after market close. The company will host a quarterly webcast the following day, February 20, 2025, at 8:30 AM ET.
Investors unable to attend the live webcast can access a replay through Nordson's investor website. The company, founded in 1954 and headquartered in Westlake, Ohio, specializes in precision technology and operates through a division-led organization model. Nordson serves global customers across various sectors including consumer non-durable, medical, electronics, and industrial end markets, with operations and support offices in over 35 countries.
Nordson (Nasdaq: NDSN) and Nordson Foundation announced a contribution exceeding $10 million to charitable organizations during its 2024 fiscal year, ending October 31. The philanthropic efforts focus on STEM education, human welfare, and arts and culture, with $4.6 million allocated to education. The company awarded $907,000 in scholarships to 209 students through various programs, including the Nordson BUILDS Scholarship program, which distributed $458,125 to 88 recipients attending prestigious institutions such as Boston University and California Institute of Technology.
Grants from the Nordson Foundation accounted for approximately $6.5 million, and the company matched $200,000 in employee donations to top nonprofits. U.S. employees volunteered over 4,000 hours at various organizations. The A Time to Give U.S. regional campaigns raised significant funds for local nonprofits, including $180,000 for Good Knights of Lorain County and $45,000 for Children's Healthcare of Atlanta. To date, Nordson and its foundation have given $173 million to charities, awarded $7.5 million in scholarships, and logged over 117,000 volunteer hours.
Nordson EFD (NASDAQ: NDSN) announced it will showcase its award-winning PICO Nexμs jetting system at MD&M West from February 4-6, 2025, in Anaheim, CA. The system, which recently received a 2024 Edge Award in Automation & IIOT category from Machine Design, features a web-based interface for remote programming and monitoring of fluid dispensing functions.
The PICO Nexμs system enables control and monitoring of jetting functions via Industrial Ethernet protocols, offering real-time insights for process control in medical device manufacturing. The system has been certified for PROFINET devices and controllers, with ODVA confirming successful conformance testing for Ethernet I/P protocol.
At the event, Nordson will demonstrate various applications including needle-bonding, reagent dispensing for blood glucose test strips, and hearing aid assembly solutions. The company's ISO 9001:2000 certified facilities manufacture precision dispensing components for medical device assembly.
Nordson (NDSN) has announced its fiscal year 2025 first quarter dividend of $0.78 per common share, maintaining the same dividend level as the fourth quarter of fiscal year 2024. The dividend will be payable on January 16, 2025, to shareholders of record as of January 2, 2025. Nordson is a precision technology company operating in consumer non-durable, medical, electronics, and industrial markets, with operations and support offices in over 35 countries.
Nordson (NDSN) reported fourth quarter 2024 results with sales of $744 million, up 4% year-over-year. The growth included 6% from acquisitions and 1% from favorable currency translation, offset by a 3% organic sales decrease. Q4 adjusted earnings were $2.78 per diluted share, up from $2.71 in the prior year.
For full fiscal year 2024, Nordson achieved record sales of $2.7 billion, a 2% increase from 2023, driven by 5% acquisition growth offset by 3% organic decline. EBITDA reached a record $849 million, representing 32% of sales. The company provided fiscal 2025 guidance with sales projected between $2,750-$2,870 million and adjusted earnings of $9.70-$10.50 per diluted share.
Nordson (NDSN) has released its 2024 Environmental, Social and Governance (ESG) Update, highlighting progress toward climate targets and ESG initiatives. The company reports advances in emissions reduction and clean energy goals, implementing operational efficiency projects and solar generation installations globally. Key developments include increased renewable energy purchasing, investment in carbon offsets, and expansion of employee development programs. The company has enhanced workplace safety measures, broadened volunteer opportunities, and donated over $13.7 million to charitable organizations. Nordson continues to focus on technology solutions for environmental and social markets, including electric vehicles, batteries, solar, and medical devices.
Nordson (NASDAQ: NDSN) has appointed Maria Spangler as director of Nordson Foundation and Community Relations, effective Dec. 2, 2024. She succeeds Cecilia Render, who will retire on Dec. 31, 2024. Spangler brings over 15 years of experience from Sherwin-Williams, where she most recently served as director of community engagement. In her previous role, she led community engagement strategy and corporate giving programs. The appointment reinforces Nordson's commitment to community investment through their Nordson Impact philanthropy initiative.
Nordson Test & Inspection has received the top honor Prime Award at the Step-by-Step Excellence Awards for its SQ3000M2 Automated Optical Inspection and Metrology System. The award was presented at NEPCON Asia. The SQ3000M2, designed for micro-electronics applications, is an extension of the SQ3000 platform and features Focus Variation Metrology technology and high resolution telecentric optics. The system provides 2D and 3D height measurements for high resolution inspection of various packaging components, including wire bonds, die placement, and epoxy dispense.
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