Nordson Corporation · NASDAQ:NDSN

Nordson — Q1 2022 Earnings Presentation

14 slides from Nordson's earnings presentation, Feb 23, 2022

  1. Slide 1: 1Q Fiscal 2022 Webcast

    1Q Fiscal 2022 Webcast February 23, 2022 NBS NEXT OWNER MINDSET WINNING TEAMS

  2. Slide 2: Safe Harbor Statement

    Safe Harbor Statement Click to edit title Under the Private Securities Litigation Reform Act of 1995 Certain statements contained in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by

  3. Slide 3: Agenda

    Agenda 1Q Fiscal 2022 Webcast – February 23, 2022  First Quarter Highlights  Sales Performance and Earnings Review  Balance Sheet and Cash Flow  Enterprise Performance  2Q 2022 and FY 2022 Guidance  Q&A Sundaram Nagarajan Joseph Kelley Lara Mahoney President and Executive Vice President, Vice

  4. Slide 4: Highlights

    Highlights  As expected, strength from 2H 21 flowed into 1Q 22 Continued demand, strong execution and NBS Next driving results  Double-digit sales growth across most end markets  Managing constraints related to supply chain and labor shortage  Continued deployment of NBS Next growth framework 4

  5. Slide 5: Total Company – 1Q 2022

    Total Company – 1Q 2022 1Q 2022 Sales Bridge Sales  Reported sales increased 16%  Organic growth increased 16%; acquisitive growth of 4% offset by headwinds from currency and divestiture  Double-digit growth in most product lines, particularly in electronics, industrial and medical end markets 1Q

  6. Slide 6: Industrial Precision Solutions – 1Q 2022

    Industrial Precision Solutions – 1Q 2022 1Q 2022 IPS Sales Bridge Sales  12% sales increase  12% organic growth; 3% acquisition/divestiture; 3% unfavorable currency  Robust demand for industrial coating products, plus steady growth in consumer non-durable end markets 1Q 2021 Acquisitions/ 1Q 2022

  7. Slide 7: Advanced Technology Solutions – 1Q 2022

    Advanced Technology Solutions – 1Q 2022 1Q 2022 ATS Sales Bridge Sales  Sales increased 20%  21% organic growth; 1% unfavorable currency  Growth was across all major product lines, particularly in electronics and medical end markets Operating Profit and Margin Operating Profit $76 24%  Operating

  8. Slide 8: Balance Sheet and Cash Flow

    Balance Sheet and Cash Flow Strong Cash Flow with Sufficient Liquidity to Invest in Strategic Initiatives Net Debt Free Cash Flow  Cash totaled $171 million  88% of adjusted net income  0.8 net debt leverage ratio based on trailing 12-month  Q1 2022 investments in inventory to address supply EBI

  9. Slide 9: Enterprise Highlights

    Enterprise Highlights  Deployment of NBS Next growth framework clear in facility visits  Innovation is driving success in key end markets  Winning teams driving strong performance 9

  10. Slide 10: 2Q Fiscal 2022 Guidance

    2Q Fiscal 2022 Guidance 2Q 2022 Sales Guidance Steady Growth $625 - $649  2Q 22 sales growth of ~6-10% $590  2Q 22 adjusted earnings per share $2.20 - $2.30 $529  Order entry remains strong. Favorable book-to-bill ratio growing backlog to over $900 million. 2Q 20 2Q 21 2Q 22  Capacity constraint

  11. Slide 11: Full-Year Fiscal 2022 Guidance

    Full-Year Fiscal 2022 Guidance Full-Year Sales Guidance Full-Year Growth from Record 2021 $2,598 $2,527 - $2,598 $2,362  Updating guidance to high-end of previous range $2,121  Capacity constraints related to supply chain and labor availability  Fiscal 2022 sales growth of ~7-10% 2020 2021 2022 F

  12. Slide 12: Questions?

    Questions? Giordson

  13. Slide 13: Reconciliation of Non-GAAP Measures

    Reconciliation of Non-GAAP Measures Adjusted Operating Profit and EBITDA (Dollars in thousands) 13

  14. Slide 14: Reconciliation of Non-GAAP Measures

    Reconciliation of Non-GAAP Measures Profitability (Dollars in thousands) 14

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