Electronics Equipment Propels Nordson's Big Year PDF Print E-mail
Written by Mike Buetow   
Friday, 14 December 2012 08:56

WESTLAKE, OH -- Nordson today reported record fourth-quarter and full-year results as electronics end-market demand drove a big jump in process, test and inspection equipment sales.

For the quarter ended Oct. 31, sales rose 33% from last year to $439 million, including a 19 percentage point increase in organic volume and a 16 point increase from acquisitions. Operating profit increased 31% to $104 million, and net income jumped 24% to $68 million. Operating margin was 24%, flat with a year ago.

The company's Advanced Technology Systems unit saw organic sales increased 26% and the first year effect of acquisitions rise 2%, on strong broad-based demand for dispensing and test and inspection in electronics end-markets, especially for mobile device applications, and continued penetration of niche applications. The segment's operating margin rose four percentage points to 27%.

Nordson is the parent company of major electronics assembly suppliers Dage, YesTech, Asymtek and EFD, among others.

For the fiscal year, sales rose 14% to $1.4 billion, of which eight percentage points came from higher organic volume. Operating profit was $335 million, and net income was $225 million, all full year records for Nordson.

The company guided for first quarter fiscal 2013 sales in the range of $343 million to $354 million, up 24 to 28%, including organic volume increases of seven to 11 percentage points.




Eastern-US: China’s New Competitor?

Parity emerges among EMS Factories from Asia, Mexico and the US.

For the first time in years we see parity in the Eastern US among EMS factories from Asia, Mexico and the US. This EMS market condition will permit American OEMs (the EMS industry refers to OEMs as customers) to have more EMS pathways to choose from. Now more than ever, such EMS assignments will require deeper investigation relating to the OEMs’ evaluation of manufacturing strategies.

The Human Touch

For those who count on the electronics industry for big feats, it’s been a remarkable couple of years.



Advances in Concentration Monitoring and Closed-Loop Control

Contaminated bath water skews refractive index results. New technology can accurately measure aqueous cleaning agent concentration.

Circuits Disassembly: Materials Characterization and Failure Analysis

A systematic approach to nonconventional methods of encapsulant removal.





CB Login



English French German Italian Portuguese Russian Spanish


Panasonic Debuts PanaCIM Maintenance with Augmented Reality
PanaCIM Maintenance with Augmented Reality software provides instant communication and information to factory technicians -- when and where it is needed -- so they can respond to factory needs more...