NORDSON CORP

Nordson Corporation announced the completion of its acquisition of Contrinex, a Swiss-based global technology leader in high-performance sensors for factory automation. The acquisition, valued at approximately $168 million USD, is expected to enhance Nordson's test and inspection portfolio and expand its presence in industrial automation trends. Contrinex, with annual revenues of around $50 million and nearly 500 employees, will be integrated into Nordson's Advanced Technology Solutions segment.

Nordson Corporation established a new unsecured commercial paper program on June 2, 2026, allowing for the issuance of notes up to a maximum aggregate amount of $1.2 billion. The proceeds from these notes will be used for general corporate purposes. The notes will be issued on a private placement basis with maturities not exceeding 364 days and will not be registered under federal or state securities laws.

Nordson Corporation reported increased financial results for the second quarter and first six months of fiscal year 2026. Sales for the second quarter rose to $740.8 million, with diluted EPS reaching $2.09. The company also recorded a $24.0 million pension settlement charge during the quarter, impacting net income.

Nordson Corporation reported record second quarter fiscal 2026 results, with sales reaching $741 million, an 8% increase year-over-year, and adjusted diluted earnings per share of $2.86, up 18%. The company also announced an increase in its full-year sales and adjusted earnings guidance, driven by strong execution of its Ascend Strategy and broad-based order entry momentum. Additionally, Nordson completed the strategic acquisition of CapstanAG Systems, a precision agriculture company, during the quarter.