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Nordson Corporation Reports Record Sales in 2024
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Nordson Corporation Reports Record Sales in 2024

Nordson Corporation ( (NDSN) ) has released its Q4 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, providing innovative solutions across consumer non-durable, medical, electronics, and industrial markets worldwide. Founded in 1954 and headquartered in Westlake, Ohio, the company operates in over 35 countries with a focus on scalable growth and diversified market exposure.

Nordson Corporation recently announced its fourth-quarter and fiscal year 2024 financial results, showcasing a solid performance with record sales. The company achieved a fourth-quarter sales increase of 4% year-over-year, reaching $744 million, and set a new annual sales record at $2.7 billion. Despite challenges in organic sales, strategic acquisitions and favorable currency impacts bolstered revenues.

Key financial highlights include a fourth-quarter earnings per diluted share of $2.12, with adjusted earnings rising to $2.78. For the full fiscal year, the company reported an EBITDA of $849 million, representing a 4% increase from the previous year. The integration of Atrion Medical contributed positively to the results, driving growth in the Medical and Fluid Solutions segment, which saw a 19% sales increase in the fourth quarter.

The company remains optimistic about its fiscal 2025, forecasting sales between $2.75 billion to $2.87 billion and adjusted earnings per share ranging from $9.70 to $10.50. As Nordson enters the new fiscal year, it maintains a cautious yet confident outlook, considering global economic uncertainties and seasonal factors affecting the first quarter.

Overall, Nordson Corporation is poised for continued growth, leveraging its diversified portfolio and strategic acquisitions to navigate the evolving macro-environment. The company remains committed to operational excellence and delivering value to its shareholders through its robust growth framework and industry leadership.

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