Nordson Corporation Reports Fourth Quarter EPS fo $1.56

Nordson Corporation NDSN today reported results for the fourth quarter and fiscal year ended October 31, 2010.

  • Sales increase 22 percent from the previous year to $290 million in the fourth quarter and 27 percent to $1 billion for the year
  • Operating margin reaches 25 percent in the fourth quarter and 23 percent for the year; operating profit increases to all-time records of $73 million in the fourth quarter and $235 million for the year
  • Diluted EPS reaches fourth quarter record of $1.56 and full year record of $4.91
  • First quarter 2011 guidance: Sales expected to increase 18 to 22 percent over prior year; EPS in the range of $1.03 to $1.13
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