Nordson(US:NDSN)2023-12-14 14:06Financial Performance - Fiscal Year 2023 - Total company annual sales reached $2628.6 million, a 2% increase compared to the previous year[35] - EBITDA increased by 1% to $819 million, marking the third consecutive year of EBITDA growth[24] - Adjusted EPS was $9.03, a decrease of 4%[35] Financial Performance - 4Q 2023 - Total company sales increased by 5% to $719.3 million[34] - Organic sales decreased by 3%, driven by electronics dispense and biopharma[34] - EBITDA reached a quarterly record of $227.1 million, representing 32% of sales, a 200 basis points increase above the long-term target[34] - Adjusted EPS increased by 1% to $2.46[34] Segment Performance - 4Q 2023 - Industrial Precision Solutions sales increased by 14% to $405 million, driven by industrial coatings, polymer processing, and packaging product lines[38] - Medical and Fluid Solutions sales decreased by 7% to $169 million[26] - Advanced Technology Solutions sales decreased by 1% to $145.245 million[51] Guidance - Fiscal year 2024 sales growth is projected to be between 4% and 9%, resulting in sales of $2725 million to $2855 million[45, 46] - First quarter 2024 sales are expected to be between $615 million and $640 million[48] - First quarter 2024 adjusted EPS is guided to be in the range of $2.00 to $2.10[48]