Nordson Corp Stock Price, News & Analysis

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.

Nordson (NDSN) has announced it will release its fourth quarter and fiscal year 2024 earnings on December 11, 2024, after market close. The company will host a quarterly webcast on December 12, 2024, at 8:30 AM ET. Nordson is a precision technology company serving global customers across consumer non-durable, medical, electronics, and industrial end markets through a direct sales model and applications expertise.

Nordson Test & Inspection has received the 2024 Global Technology Award for its new SpinSAM Acoustic Microimaging (AMI) system in the Test Equipment category at SMTA International. The innovative system features high-throughput capabilities, scanning up to four 300mm wafers simultaneously at 41 wafers per hour. With four matched waterfall transducers, it completes full wafer scans in under six minutes.

The SpinSAM AMI system delivers superior sensitivity and precise defect detection for various semiconductor applications, including bonded wafers, Chip-on-Wafer, stacked wafers, MEMS, and over-molded wafers. The system's compact design and 100% inspection capability, along with targeted edge scanning, optimize data acquisition in defect-prone areas.

Nordson Electronics Solutions has been awarded the Global Technology award for their ASYMTEK Select Coat SL-1040 Conformal Coating system. The innovative system, designed for high-volume electronics manufacturing, combines new process control with advanced maintenance features. The SL-1040 utilizes the ASYMTEK SC-450 PreciseCoat Jet and enhanced EasyCoat software, featuring a novel ultrasonic cleaner for improved nozzle maintenance.

The system's conformal coating technology selectively protects electronic devices from harsh environments, avoiding critical components like connector pins and test points. With dual and triple applicators for maximized throughput, the system offers efficient changeover, traceability, and consistent setup capabilities. The award was presented at the 2024 SMTA International show in Rosemont, Chicago.

Nordson EFD, a Nordson company (NASDAQ: NDSN), has won a 2024 Edge Award in the Automation & IIOT category for its PICO Nexμs jetting system. This innovative product, designed for Smart Factory readiness, connects fluid dispensing to Industry 4.0 efficiencies. The PICO Nexμs allows operators to control, manage, and monitor jetting functions via Industrial Ethernet protocols from their chosen human machine interface (HMI) at the point of dispense.

The PICO Nexμs introduces smart manufacturing advances to traditional fluid dispensing systems, providing real-time insights for data-driven process control and production. Its web-based interface enables remote programming and on-demand inspection of fluid dispensing functions from various devices, boosting productivity. The compact controller uses standard 24V and DIN-rail mounted plug-and-play technology, optimizing production space utilization.