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Oct 31, 2024

Nordson Q4 2024 Earnings Report

Nordson's Q4 2024 sales increased by 4% and adjusted earnings per share were $2.78.

Key Takeaways

Nordson Corporation reported a 4% increase in sales to $744 million for the fiscal fourth quarter ended October 31, 2024. Adjusted earnings per diluted share were $2.78, and the Atrion Medical acquisition integration is progressing well.

Sales were $744 million, a 4% increase over the prior year.

Earnings per diluted share were $2.12.

Adjusted earnings per diluted share were $2.78.

Atrion Medical acquisition integration is progressing well.

Total Revenue
$744M
Previous year: $719M
+3.5%
EPS
$2.78
Previous year: $2.46
+13.0%
EBITDA
$241M
Previous year: $227M
+6.2%
Gross Profit
$403M
Previous year: $384M
+4.9%
Cash and Equivalents
$116M
Previous year: $116M
+0.2%
Free Cash Flow
$492M
Previous year: $153M
+221.8%
Total Assets
$6B
Previous year: $5.25B
+14.3%

Nordson

Nordson

Nordson Revenue by Geographic Location

Forward Guidance

Fiscal 2025 forecasted sales range between $2,750 to $2,870 million and adjusted earnings in the range of $9.70 to $10.50

Positive Outlook

  • Anticipate delivering sales in the range of $2,750 to $2,870 million in fiscal 2025.
  • Full year fiscal 2025 adjusted earnings are forecasted in the range of $9.70 to $10.50 per diluted share.
  • First quarter fiscal 2025 sales are forecasted in the range of $615 to $655 million
  • First quarter fiscal 2025 adjusted earnings in the range of $1.95 to $2.15 per diluted share.
  • Approximately $580 million in backlog.

Challenges Ahead

  • Entering 2025 with a conservative viewpoint.
  • Fiscal first quarter is seasonally Nordson’s weakest quarter due to the holiday and calendar year-end slowdowns and cautious customer spending.
  • Being prudent about expectations for end market recovery timing, particularly for electronics and agricultural product lines.
  • Evolving global macro-environment
  • Uncertain times

Revenue & Expenses

Visualization of income flow from segment revenue to net income