Nordson Corporation ( (NDSN) ) has released its Q1 earnings. Here is a breakdown of the information Nordson Corporation presented to its investors.
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Nordson Corporation is a precision technology company based in Westlake, Ohio, specializing in industrial, medical, and electronics solutions with a strong global presence in over 35 countries. In its first quarter of fiscal 2025, Nordson Corporation reported sales of $615 million, a 2.8% decrease compared to the previous year. The company experienced a drop in earnings per diluted share to $1.65 from $1.90 in the prior year, with adjusted earnings per share at $2.06. Despite the lower sales figures, the company saw a 15% increase in backlog during the quarter, indicating potential future growth.
Key financial metrics reflected mixed outcomes, with a notable 11% decrease in sales in the Industrial Precision Solutions segment and a significant 21% growth in the Medical and Fluid Solutions segment, largely driven by acquisitions. The Advanced Technology Solutions segment experienced an 11% decrease in sales. Nordson’s EBITDA stood at $188 million, slightly down from $197 million the previous year.
Looking ahead, Nordson Corporation is optimistic, forecasting second-quarter sales between $650 and $690 million and adjusted earnings per diluted share between $2.30 and $2.50. The company is confident in its growth prospects as market conditions stabilize, backed by a robust and diversified portfolio and strategic competitive advantages.
