WESTLAKE, OHIO – Nordson reported fiscal second quarter sales were $496 million, up 13% year-over-year. Sales included a 9% increase in organic volume and 6% increase related to the first year effect of acquisitions.

For the quarter ended Apr. 30, net income was $65 million, down 8.5% year-over-year. Operating profit was $104 million, an increase of 2%.

“These results demonstrate the underlying strength of our base business, the strategic fit of our recent acquisitions, and strong execution across the enterprise by our global team,” said Nordson president and CEO Michael F. Hilton.

Advanced Technology Systems sales increased 34% year-over-year, while Adhesive Dispensing Systems sales increased 5% compared to the prior year’s second quarter.

For the first six months of the fiscal year, total EBITDA increased 13% compared to the prior year to $217 million. Adjusted EBITDA increased 20%.  

Backlog for the quarter ended April 30 was approximately $403 million, up 37% compared to the same period a year ago.

For the fiscal third quarter, sales are expected to increase 15% to 19% compared to the fiscal third quarter in 2016.

Advanced Technology Systems includes Nordson Asymtek, Nordson Dage, Nordson EFD, Nordson Yestech, and Nordson March.

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