Sector: Industrials|Industry: Specialty Industrial Machinery|Market Cap: $11.92B|Employees: 7.9K
Nordson Corporation is a precision technology company that engineers, manufactures, and markets differentiated products and systems for dispensing, applying, and controlling adhesives, coatings, polymers, sealants, and other fluids. The company serves a wide variety of consumer non-durable, consumer durable, and technology end markets, with a global presence across more than 35 countries and approximately 66% of revenues generated outside the United States. Nordson leverages a scalable growth framework to deliver top tier growth with leading margins and returns.
Q1 2025 revenue was $615.42M, a 2.8% decrease compared to $633.19M in Q1 2024. The decline was primarily due to a 9.4% decrease in organic sales, partially offset by an 8.4% increase from acquisitions. The IPS, MFS, and ATS segments all experienced organic sales decreases.
Operating profit decreased 11.6% to $140.95M in Q1 2025 from $159.44M in Q1 2024. This decrease was driven by lower sales leverage and increased selling and administrative expenses, partially offset by strategic cost reduction actions and manufacturing footprint optimization actions.
Net income decreased 13.6% to $94.65M in Q1 2025 from $109.57M in Q1 2024, and diluted earnings per share decreased 13.2% to $1.65 from $1.90. The decrease was primarily driven by lower sales, higher selling & administrative expenses due to the first-year effect of acquisitions, and higher interest expense.