Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Nordson 3rd-Quarter Net Rose 21.5 Percent
Aug 28, 2003
 Printable format
 Email this Article
 Search

Nordson Corp''s fiscal third-quarter net income rose 21.5 percent and earnings per share increased 24 percent, helped by increased sales and lower severance and restructuring costs.

The maker of precision dispensing equipment reported net income for the period ended Aug. 3 rose to U.S. $8.7 million, or $0.26 a share, from $7.2 million, or $0.21 a share, in 2002. The current quarter included $157,000 of severance and restructuring costs, compared with $736,000 of such costs a year ago.

Third-quarter sales rose 4 percent to $166.3 million, as favorable foreign exchange rates offset a 4-percent decline in sales volume. The advanced technology division continued to show steady improvement, posting a 6-percent increase in sales volume, but sales by the company's core adhesive and finishing business continued to lag prior-year levels. Both divisions posted 6-percent sales volume declines.

Though the company expects improved demand over the next 12 months, it said its outlook remains cautious for the near term. (Dow Jones)

Back to Daily News

 

Daily News

...........................................................

Dec 17, 2014: Bosch names Kenny head of marketing

Dec 17, 2014: Multifamily Production Index off its peak, but still positive

Dec 17, 2014: AHRI launches two new certification programs

Dec 16, 2014: Ar├želik awarded for fridge with integrated ice-cream bowl

Dec 16, 2014: Report: appliance segment at the top of 2014 reshoring list

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows