$NDSN (Nordson Corporation)

$NDSN {{ '2016-02-09T20:28:18+0000' | timeago}} • Announcement

$NDSN said its BoD declared a second quarter 2016 cash dividend in the amount of $0.24 per common share, payable on March 8, 2016 to shareholders of record as of the close of business on February 23, 2016.

$NDSN {{ '2018-01-08T19:21:07+0000' | timeago}} • Announcement

$NDSN, an industrial manufacturer, has acquired rights to the progressive cavity pump product lines, from German firm Infiniti Dosing. Pursuant to the deal, Infiniti founder Jean-Claude Tytgat will join Nordson and work on technology developments. The financial terms of the deal are not known.

$NDSN {{ '2018-01-04T16:05:34+0000' | timeago}} • Announcement

$NDSN acquired Sonoscan, an Elk Grove Village, Illinois-based manufacturer of acoustic microscopes and sophisticated acoustic micro imaging systems. The transaction is not material to Nordson results, and terms of the deal were not disclosed.

$NDSN {{ '2017-12-13T21:57:21+0000' | timeago}} • Announcement

For 1Q18, $NDSN expects sales to increase 30-34% compared to 1Q17. This growth includes organic volume up 15-19%, 11% growth from the first year effect of acquisitions, and a positive currency effect of 4%. At the midpoint of this outlook, operating margin is expected to be approx. 22% and GAAP diluted EPS is expected to be $1.29-1.39.

$NDSN {{ '2017-12-13T21:51:55+0000' | timeago}} • Announcement

$NDSN reported net income of $80MM or $1.37 per share in 4Q17 compared to $76MM or $1.31 per share in 4Q16. 4Q17 diluted EPS increased 5%, inclusive of $0.07 per diluted share of intangible asset amortization expense for FY17 acquisitions. Sales increased 13% to $574MM versus last year.

$NDSN {{ '2017-12-05T16:33:22+0000' | timeago}} • Announcement

$NDSN's BoD declared 1Q18 cash dividend of $0.30 per common share. The dividend is payable on Jan. 2, 2018 to shareholders of record on Dec. 19, 2017.

$NDSN {{ '2017-09-13T13:19:29+0000' | timeago}} • Announcement

$NDSN announced the expansion and restructuring of its Americas sales team. Per Orla-Jensen has assumed the role of General Manager of the Americas sales and support teams. Russ Horne has been promoted to Sales Engineer, Eastern region of the United States. Marc McCormick has been promoted to Technical Product Specialist for the Americas.

$NDSN {{ '2017-09-01T06:21:48+0000' | timeago}} • Announcement

$NDSN said that VP, General Counsel and Secretary Robert Veillette will retire from the company effective Dec. 31, 2017. Veillette will be succeeded by Gina Brickley Beredo who has served as Deputy General Counsel and Assistant Secretary.

$NDSN {{ '2017-08-21T21:00:42+0000' | timeago}} • Announcement

While posting 3Q17 results, $NDSN said it now sees 4Q17 sales rising 4-8% over prior year. with GAAP diluted EPS in the range of $1.18 to $1.32. EBITDA is expected to be $133-144MM or $2.27-2.46 per diluted share for the coming quarter.

$NDSN {{ '2017-08-21T20:58:32+0000' | timeago}} • Announcement

With sales jumping 20% to $589MM in 3Q17, $NDSN posted a 19% hike in GAAP diluted EPS of $1.74. Operating profit rose 2% to $153MM, while net income soared to $101MM in the quarter.

$NDSN {{ '2017-08-11T15:39:08+0000' | timeago}} • Announcement

$NDSN has approved a 11% increase in the company’s quarterly cash dividend to $0.30 per common share. The dividend is payable on Sept 5, 2017 to shareholders as on Aug 22, 2017.

$NDSN {{ '2017-05-23T18:26:30+0000' | timeago}} • Webcast

$NDSN said that from a operating margin perspective, it does not expect pension to have a material impact on its overall operating margin on passing 3Q17 one-time charges. Effective tax rate for FY17 is expected in the range of 29%, while normal maintenance CapEx is expected to be approx. $50MM.

$NDSN {{ '2017-05-23T18:12:26+0000' | timeago}} • Webcast

$NDSN stated that in 2Q17, the company generated 9% organic sales growth and all segments and geographies contributed to current quarter organic growth. Geographically, Asia Pacific and the Americas were the strongest.

$NDSN {{ '2017-05-22T20:52:16+0000' | timeago}} • Announcement

$NDSN's order rates for the 12-week period ending May 14, 2017, measured in constant currency, increased by 13% over last year. Backlog for the quarter ended April 30, 2017 was about $403MM, up 37% from last year, and inclusive of 18% organic growth and 19% growth due to acquisitions.

$NDSN {{ '2017-05-22T20:49:45+0000' | timeago}} • Announcement

At the midpoint of sales outlook, $NDSN expects 3Q17 operating margin to be about 24%, and GAAP diluted EPS in the range of $1.51-1.65. EBITDA is expected to be about $164MM, an increase of 18% over the prior year.

$NDSN {{ '2017-05-22T20:49:31+0000' | timeago}} • Announcement

$NDSN expects 3Q17 sales to increase 15-19% as compared to last year. This includes organic volume growth of 6-10%, 10% growth from the first year effect of acquisitions, and a negative currency effect of 1% based on the current exchange rate environment.

$NDSN {{ '2017-05-22T20:49:19+0000' | timeago}} • Announcement

$NDSN's sales for 2Q17 increased by 13% from last year. This change in sales included a 9% increase in organic volume, a 6% rise related to the first year effect of acquisitions, and a negative 2% impact related to the unfavorable effects of currency translation as compared to the prior year.

$NDSN {{ '2017-05-22T20:49:03+0000' | timeago}} • Announcement

$NDSN reported a drop in 2Q17 earnings due to higher interest expenses, and a rise in income taxes. Net income fell to $64.52MM or $1.11 per share from $70.6MM or $1.23 per share last year. Net sales grew to $496.14MM from $437.59MM. Non-GAAP EPS increased to $1.35 from $1.19.

$NDSN {{ '2017-05-16T13:43:08+0000' | timeago}} • Announcement

$NDSN's BoD declared a 3Q17 cash dividend of $0.27 per common share. The dividend is payable on June 13, 2017 to shareholders of record on May 30, 2017.

$NDSN {{ '2017-04-03T13:44:29+0000' | timeago}} • Announcement

$NDSN has completed the acquisition of Vention Medical’s Advanced Technologies business, a developer and manufacturer of minimally invasive interventional delivery devices, catheters and advanced components for the global medical technology market.

$NDSN {{ '2017-03-17T16:32:13+0000' | timeago}} • Announcement

$NDSN appointed Rade Petricevic as aftermarket manager in the Pacific Rim for its Polymer Processing System (PPS) products. Most recently, Petricevic was a sales manager for Dr. Collin GmbH.

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