Nordson Corp. (NDSN) Reports In-Line Q4 EPS, Offers FY20 Guidance

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Nordson Corporation Reports Fiscal Year 2019 Fourth Quarter and Full Year Results

December 11, 2019 4:30 PM EST

Fourth Quarter:

Sales were $585 million, inclusive of 4 percent organic growth and an unfavorable currency impact of 1 percent Operating profit increased 20 percent over the prior year to $140 million, or 24 percent of sales EBITDA increased 15 percent over the prior year to $164 million, or 28 percent of sales GAAP diluted EPS was $1.76; adjusted diluted EPS, which excludes restructuring charges, the step up in value of acquired inventory, and discrete tax expense in the quarter, was $1.79 Free cash flow before dividends increased 9 percent over the prior year to $128 million, or... More