 |
August 10, 2005
Manufacturing Dispensing
Equipment Provider Revenues Up
Seattle, WA, USA--(Jobwerx News)--Precision dispensing equipmement and
technology based systems for manufacturing, Nordson, improves performance.
Worldwide revenue for the third quarter of 2005 amounted to $201.6 million,
a two percent increase over revenue of $197.9 million for the same period
of 2004. The increase was attributable to favorable currency associated
with a weaker U.S. dollar relative to the third quarter of 2004.
Nordson Corporation (Nasdaq: NDSN), Westlake, Ohio, is one of the world's
leading producers of precision dispensing equipment that applies adhesives,
sealants and coatings to a broad range of consumer and industrial products
during manufacturing operations. The company also manufactures technology-based
systems for curing and surface treatment processes.
Third-quarter sales volume for the company's Advanced Technology segment
was up 19 percent. The impact of this increase was offset by sales volume
declines of 6 percent and 1 percent for the Adhesive Dispensing and Finishing
System segments respectively.
"We are pleased with our overall operational performance in the quarter
with improved manufacturing absorption and tight spending controls mitigating
most of the impact from lower than anticipated sales volume," said Edward
P. Campbell, Nordson Chairman and Chief Executive Officer. "For the fiscal
year we are now expecting volume growth to be in the two percent to four
percent range," Campbell added.
Nordson will release third-quarter fiscal year 2005 earnings on Tuesday,
August 23, 2005 after the close of the market.
Click
here to view more news articles
E-mail this page to a friend
|
|

Post
Jobs in Manufacturing



Featured News

- Automotive Supplier
Posts Gains

- American Management Association
Certification Programs

- Eastman Specialty Plastics Packaging
Quarterly Dividend

- Graphic Packaging Corporation Q2
Reports

- All this Months News
Create on-line tests, quizzes,
assessments and exams in minutes!
Easy as 1, 2, 3
Available Now!
Great deals
from top
brand name
manufacturers.
Copyright - Unless
otherwise stated all
contents of this web site are © 1998/2005– JOBWERX.COM.
– All Rights Reserved. For permission to reproduce any contents of this
web site, please advise our Syndication department: Log onto HELP
|