Nordson Gains From Business Strength & Buyouts Amid Headwinds

Nordson Corporation (NDSN) has been witnessing strength in the Industrial Precision Solutions segment, driven by the solid demand for its packaging and nonwoven product lines. Growing popularity for the fluid solutions product line in the industrial and electronics end markets is aiding the Medical and Fluid Solutions segment’s revenues. The company anticipates to generate sales in the range of $2.665-$2.705 billion in fiscal 2024, implying year-over-year growth of 2.1% at the midpoint.The company remains f ...