Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $82.10 USD
Change Today 0.00 / 0.00%
Volume 29.7K
NDSN On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 10:32 AM 05/27/15 All times are local (Market data is delayed by at least 15 minutes).

nordson corp (NDSN) Key Developments

Nordson Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended April 30, 2015; Provides Earnings Guidance for the Third Quarter of 2015 and Second Half of the Fiscal Year 2015 and Fiscal Year 2015

Nordson Corporation announced unaudited consolidated earnings results for the second quarter and six months ended April 30, 2015. For the quarter, the company reported net sales of $400,727,000 compared to $417,461,000 a year ago. Operating profit was $76,414,000 compared to $92,834,000 a year ago. Income before income taxes was $71,565,000 compared to $89,113,000 a year ago. Net income was $49,214,000 compared to $61,934,000 a year ago. Return on average shareholders' equity was 23% compared to 27% a year ago. Diluted earnings per share were $0.80 compared to $0.96 a year ago. Net cash provided by operating activities was $91,524,000 compared to $54,502,000 a year ago. Additions to property, plant and equipment were $19,362,000 compared to $8,603,000 a year ago. Diluted EPS as adjusted (Non-GAAP) was $0.80 compared to $0.97 a year ago. For the six months, the company reported net sales of $779,735,000 compared to $776,881,000 a year ago. Operating profit was $139,232,000 compared to $146,693,000 a year ago. Income before income taxes was $130,278,000 compared to $139,300,000 a year ago. Net income was $92,099,000 compared to $96,814,000 a year ago. Return on average shareholders' equity was 22% compared to 21% a year ago. Diluted earnings per share were $1.48 compared to $1.50 a year ago. Net cash provided by operating activities was $117,436,000 compared to $102,189,000 a year ago. Additions to property, plant and equipment were $36,183,000 compared to $16,494,000 a year ago. Diluted EPS as adjusted (Non-GAAP) was $1.48 compared to $1.53 a year ago. For the third quarter of fiscal 2015, sales growth is expected to be in the range of 2% to 6% as compared to the third quarter a year ago. This growth is inclusive of organic volume growth of 6 to 10%, 2% growth from the first year effect of acquisitions, and negative 6% currency translation effect based on the current exchange rate environment. At the midpoint of this outlook, operating margin is expected to be approximately 24%, and GAAP diluted earnings per share are expected to be in the range of $1.19 to $1.30. The company expected third quarter interest expense of about $4.4 million and an effective tax rate of approximately 30%. In addition, the company invested $15 million during the first half of the fiscal year 2015 for the construction of new and previously described fluid management facility in Colorado. The company expected additional capital expenditures of approximately $5 million on this project over the second half of the fiscal year 2015. For the second half of the fiscal year 2015, the company is forecasting an effective tax rate, excluding discrete items, to be about 30% based on current tax law. The company also expected normal maintenance capital spending for the fiscal year 2015 to be between $45 million to $50 million.

Nordson Corporation Declares Cash Dividend for the Third Quarter of 2015, Payable on June 9, 2015

Nordson Corporation announced that its board of directors declared a third quarter 2015 cash dividend in the amount of $0.22 per common share, payable on June 9, 2015 to shareholders of record as of the close of business on May 26, 2015. This amount equals the $0.22 per common share dividend paid in the second quarter of fiscal year 2015.

Nordson Corporation Develops New Sealing Technology for its Slide-Plate Screen Changers

Nordson Corporation developed a new sealing technology for its slide-plate screen changers, enabling them to provide reliable leak-proof melt filtration at higher temperatures and pressures and substantially lower viscosities. The seals on Nordson Xaloy slide plate screen changers prevent leakage by utilizing an innovative design that seals effectively at both low and high pressures, temperatures and viscosities. The new Nordson seal enables the slide plate screen changers to perform reliably at temperatures up to 650 °F (345°C), pressures up to 7,500 psi (515 BAR), and viscosities as low as 15 pascal seconds. (15,000 centipoise). This represents a significant improvement in performance with low-viscosity materials in comparison with earlier sealing systems for slide plate filtration. The new high-temperature sealing system is available on both manual and hydraulic slide plate screen changers, noted Parke Strong, R&D engineer, and it can be retrofitted on existing equipment.

Nordson Corporation to Report Q2, 2015 Results on May 19, 2015

Nordson Corporation announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on May 19, 2015

Nordson Corporation, Q2 2015 Earnings Call, May 20, 2015

Nordson Corporation, Q2 2015 Earnings Call, May 20, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NDSN:US $82.10 USD 0.00

NDSN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cognex Corp $48.78 USD +0.04
Esterline Technologies Corp $110.87 USD -0.05
Graco Inc $72.75 USD -0.228
IDEX Corp $77.57 USD +0.05
Woodward Inc $51.88 USD -0.26
View Industry Companies
 

Industry Analysis

NDSN

Industry Average

Valuation NDSN Industry Range
Price/Earnings 21.6x
Price/Sales 3.0x
Price/Book 6.2x
Price/Cash Flow 20.9x
TEV/Sales 2.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NORDSON CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.