Nordson Corp Stock Price, News & Analysis

Nordson EFD has launched the UltimusPlus-NX fluid dispenser, enhancing manufacturing efficiency with its Ethernet connection for Smart Factory integration. It allows 100% remote management, enabling users to control dispensing parameters from a PLC or device, thereby improving operational efficiency and documentation. This innovation streamlines processes and promotes better decision-making, contributing to reduced costs and increased productivity for manufacturers.

Nordson Corporation (Nasdaq: NDSN) reported fourth quarter sales of $599 million, a 7% increase year-over-year, with a record full year sales of $2.4 billion, up 11%. Fourth quarter earnings per diluted share rose by 18% to $1.88. The company expects first quarter 2022 sales growth of 14% to 16% and full year growth of 6% to 10%. Operating profit in Q4 was $151 million, representing 25% of sales, while EBITDA reached $177 million. The backlog entering Q1 2022 is approximately $800 million, a 90% increase from the previous year.

Nordson Corporation (NASDAQ:NDSN) declared a cash dividend of $0.51 per common share for Q1 fiscal year 2022, payable on January 4, 2022. This dividend matches the $0.51 paid in Q4 of FY 2021. The announcement reflects Nordson's commitment to returning value to shareholders while maintaining strong financial performance.

The company operates globally in over 35 countries, focusing on precision technology across diverse end markets such as consumer non-durable, medical, electronics, and industrial sectors.

Nordson EFD, a subsidiary of NDSN, has unveiled the 7197PCP-DIN-NX controller, designed to enhance the operation of 797PCP progressive cavity pumps. This Ethernet-enabled controller integrates with Smart Factory systems utilizing TCP/IP protocol, offering manufacturers improved efficiency and productivity. It allows centralized control and on-the-fly adjustments of dispensing parameters, greatly improving process oversight. The system guarantees fluid dispensing accuracy of ± 1%, ensuring reliability in manufacturing processes.

Nordson Corporation (NASDAQ: NDSN) will release its fourth quarter and fiscal year 2021 earnings on December 15, 2021, after market close. A quarterly webcast is scheduled for December 16, 2021, at 8:30 AM ET. The company is recognized for its innovative precision technology services across various sectors, including consumer non-durable, medical, electronics, and industrial markets. With operations in over 35 countries, Nordson maintains a direct sales model that emphasizes application expertise to meet global customer needs.

Nordson Corporation (Nasdaq: NDSN) released its November 2021 Environmental, Social, and Governance (ESG) Report, highlighting the importance of ESG in its culture and operations. The report outlines five key priorities: managing environmental impacts, delivering responsible products, fostering an inclusive culture, supporting communities, and operating with integrity. The company's Ascend strategy aims for top-tier growth through a division-led owner mindset. Notable efforts include reducing environmental footprints, enhancing customer sustainability, and a commitment of over $11 million in charitable contributions in 2020.

Nordson Corporation (NASDAQ: NDSN) showcased its advanced solutions for electronics manufacturing at the NEPCON Asia tradeshow in Shenzhen, China, from October 20-22, 2021. Key technologies presented included systems for conformal coating, fluid dispensing, plasma treatment, selective soldering, and X-ray inspection. The showcased products come from Nordson's ASYMTEK, DAGE, MARCH, and SELECT product lines, targeting printed circuit board assembly and semiconductor packaging, highlighting the company's commitment to innovation in precision technology.

Nordson Corporation (NASDAQ: NDSN) has finalized the acquisition of NDC Technologies, a premier supplier of precision measurement solutions for manufacturing process control, from Spectris plc (LSE: SXS). The acquisition, announced on August 24, 2021, enhances Nordson’s test and inspection capabilities, enabling entry into new end markets and adjacent technologies. This strategic move aims to bolster Nordson's growth by leveraging its wide range of applications across various sectors including medical, electronics, and industrial.

Nordson Corporation (NASDAQ: NDSN) has appointed Jennifer L. McDonough as Executive Vice President, General Counsel, and Secretary, effective November 1, 2021. McDonough, previously with PPL Corporation (NYSE: PPL), brings over 20 years of legal experience, focusing on corporate governance, compliance, and mergers. CEO Sundaram Nagarajan expressed confidence in her ability to support Nordson’s strategic development. With a commitment to the NBS Next growth framework and acquisitions, McDonough aims to enhance the company's legal strategy.