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Nordson's Q4 2024 Earnings: A Closer Look

Eli GrantFriday, Dec 13, 2024 1:51 am ET
5min read


Nordson Corporation (NDSN) recently reported its fourth-quarter and fiscal year 2024 results, providing insights into the company's performance and strategic initiatives. The earnings call offered a comprehensive overview of Nordson's operations, segment-wise performance, and future outlook. This article delves into the key drivers behind Nordson's Q4 2024 earnings and the role of acquisitions and organic sales in its revenue growth.

Nordson's Q4 2024 earnings were driven by solid momentum in the Medical and Fluid Solutions segment, which increased 19% year-over-year, primarily due to the acquisition of Atrion. The Advanced Technology Solutions segment also contributed to growth, with a 5% increase in sales. However, the Industrial Precision Solutions segment saw a 3% decrease in sales, driven by lower organic sales in industrial coatings, polymer processing, and precision agriculture product lines. Despite this, Nordson's earnings per diluted share were $2.78, surpassing the Zacks Consensus Estimate of $2.59.



Nordson's segment-wise performance contributed to its overall Q4 2024 earnings. The Industrial Precision Solutions segment contributed 52.7% to the top line, with organic sales decreasing 5.5% but acquisitions boosting sales by 1.2%. The Medical and Fluid Solutions segment, contributing 26.9%, saw organic sales decrease 3.2% but acquisitions boosted sales by 21.4%. The Advanced Technology Solutions segment, representing 20.4%, had organic sales increase 3.9%. Each segment's unique performance dynamics contributed to Nordson's overall Q4 earnings.



Nordson's Q4 2024 revenue growth was driven by a 6% positive impact from acquisitions and a 1% positive impact from foreign currency translation, offsetting a 3% organic sales decrease. The Medical and Fluid Solutions segment, boosted by the Atrion acquisition, contributed significantly to this growth, with a 19% increase in sales. Meanwhile, the Industrial Precision Solutions segment saw a 3% decrease in sales due to a 5% organic sales decrease, partially offset by a 1% acquisition impact and a 1% currency impact. The Advanced Technology Solutions segment grew by 5% due to a 4% organic sales increase and a 1% currency impact.

In conclusion, Nordson's Q4 2024 earnings were driven by a balanced performance across its segments, with acquisitions and organic sales contributing to its revenue growth. The Medical and Fluid Solutions segment, boosted by the Atrion acquisition, played a significant role in Nordson's overall performance. As the company continues to focus on strategic acquisitions and organic growth, investors should monitor its progress and potential opportunities for further expansion.
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