Nordson Corporation Reports Earnings Results for the Second Quarter and Six Months Ended April 30, 2024
May 21, 2024 at 02:00 am IST
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Nordson Corporation reported earnings results for the second quarter and six months ended April 30, 2024. For the second quarter, the company reported sales was USD 650.64 million compared to USD 650.17 million a year ago. Net income was USD 118.22 million compared to USD 127.56 million a year ago. Basic earnings per share from continuing operations was USD 2.07 compared to USD 2.23 a year ago. Diluted earnings per share from continuing operations was USD 2.05 compared to USD 2.21 a year ago.
For the six months, sales was USD 1,283.84 million compared to USD 1,260.64 million a year ago. Net income was USD 227.79 million compared to USD 231.82 million a year ago. Basic earnings per share from continuing operations was USD 3.99 compared to USD 4.05 a year ago. Diluted earnings per share from continuing operations was USD 3.95 compared to USD 4.02 a year ago.
Nordson Corporation specializes in the design, manufacture and marketing of equipment and systems for the precision dispensing, application and control of adhesives, coatings, polymers, sealants and biomaterials. Net sales break down by business area as follows:
- industry and consumer durable and non-durable (52.9%): precision systems and accessories for the application of adhesives, coatings, paints, finishes, sealants and other surface treatment materials (applicators, automated spray guns, etc.);
- electronics, medical industry and high technology (47.1%): Surface treatment, controlled material and fluid dispensing, testing and post-dispensing inspection systems used in production processes (coating application and inspection equipment, mixers, syringes, cartridges, nozzles, fittings and connectors, tubes, balloons, catheters, acoustic and optical inspection systems, bond testers, curing modules, dryers, extrusion systems, cartridge filling systems, micromaterial testing systems, etc. ).
At the end of October 2023, the group has 42 manufacturing sites worldwide.
Net sales are distributed geographically as follows: America (43.7%), Asia/Pacific (30.3%) and Europe (26%).
NORDSON CORPORATION 
