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Oct 31, 2021
Nordson Q4 2021 Earnings Report
Nordson reported a solid finish to an incredible year, surpassing prior record annual performance in sales and operating profit.
Key Takeaways
Nordson Corporation reported a 7% year-over-year increase in sales, reaching $599 million with 10% organic growth. Operating profit was $151 million, representing 25% of sales, and earnings per diluted share increased by 18% to $1.88.
Sales were $599 million, a 7% year-over-year increase, 10% organic.
Operating profit was $151 million, or 25% of sales.
Earnings were $1.88 per diluted share, an 18% increase from prior year adjusted earnings per share.
Growth was strong in all product lines, particularly electronics and industrial end markets.
Nordson
Nordson
Nordson Revenue by Segment
Nordson Revenue by Geographic Location
Revenue by Segment
Industrial Precision Revenue
CapyFin.comAdvanced Tech Revenue
CapyFin.comRevenue by Geographic Location
Americas Revenue
CapyFin.comEurope Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.com Forward Guidance
Fiscal 2022 sales growth of 6% to 10% and earnings growth of 8% to 18% over the record fiscal 2021 results. First quarter 2022 sales growth of 14% to 16% over prior year first quarter; earnings per diluted share in the range of $1.80 to $1.95.
Positive Outlook
- Fiscal 2022 sales growth of 6% to 10%
- Fiscal 2022 earnings growth of 8% to 18%
- First quarter 2022 sales growth of 14% to 16%
- First quarter 2022 earnings per diluted share in the range of $1.80 to $1.95
- Backlog entering the first quarter of fiscal year 2022 is approximately $800 million, a 90% increase above the prior year.
Challenges Ahead
- Spike in logistics costs
- Non-recurring cost increases associated with divisional alignment efforts around best growth opportunities.
- Teams are adapting to a very dynamic macro environment
- Teams are taking actions to offset cost and supply chain headwinds.
- The current macroeconomic environment continues to drive increased order volume and extended shipment request dates.
Revenue & Expenses
Visualization of income flow from segment revenue to net income