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An announcement from Nordson ( (NDSN) ) is now available.
Nordson Corporation reported record fiscal 2024 sales of $2.7 billion, with a 2% growth driven by acquisitions and favorable currency impacts. The company’s Advanced Technology Solutions segment showed positive sales growth, and the recent Atrion Medical acquisition integration contributed positively to results. Looking ahead, Nordson forecasts fiscal 2025 sales to range between $2,750 and $2,870 million, with adjusted earnings per share expected between $9.70 and $10.50. The company is cautiously optimistic, considering the evolving global macro-environment, and plans to maintain operational excellence and strong cash flow through its diversified market focus and close-to-the-customer business model.
More about Nordson
Nordson Corporation is an innovative precision technology company that specializes in industrial precision solutions, medical and fluid solutions, and advanced technology solutions. The company focuses on niche end markets with differentiated products and pursues growth through acquisitions, serving industries such as electronics, medical, and industrial coatings.
YTD Price Performance: -3.50%
Average Trading Volume: 208,792
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $14.46B
See more data about NDSN stock on TipRanks’ Stock Analysis page.
