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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Nordson Corporation    NDSN

NORDSON CORPORATION

(NDSN)
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Nordson : appoints Symbioplas as agent for Xaloy Screws and Barrels in Portugal

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07/18/2019 | 09:56am EDT

SETUBAL - Symbioplas Servicos de Engenharia Industrial has become the agent in Portugal for Nordson Corporation's Xaloy core components for extrusion and injection molding.

The company will provide sales, technical support, and rework services for Xaloy screws, barrels, and front end components.

Polymer engineer Carlos Mano founded Symbioplas in 2018 after holding technical and operational management positions in the plastics industry for 24 years.

'Symbioplas will draw on its expertise to provide our customers with maximum plasticating system performance and minimum downtime,' said Ralf Hilbert, managing director of Nordson Xaloy Europe GmbH.

Nordson Corporation engineers, manufactures and markets differentiated products and systems used for the precision dispensing of adhesives, coatings, sealants, biomaterials, polymers, plastics and other materials, fluid management, test and inspection, UV curing and plasma surface treatment, all supported by application expertise and direct global sales and service. Nordson serves a wide variety of consumer non-durable, durable and technology end markets including packaging, nonwovens, electronics, medical, appliances, energy, transportation, construction, and general product assembly and finishing. Founded in 1954 and headquartered in Westlake, Ohio, the company has operations and support offices in more than 30 countries.

Nordson Polymer Processing Systems provides customers with engineered components to melt, homogenize, filter, meter, and give shape to plastic and fluid coating materials. Nordson Corporation leverages the collective plastics industry experience from a series of strategic acquisitions to offer a uniquely broad portfolio of industry-leading technologies. Nordson delivers a full range of precision melt stream products - from screws and barrels for extrusion and injection molding - to filtration systems, pumps, and valves - to the extrusion dies and pelletizing systems to meet the constantly evolving needs of the polymer industry.

Contact:

Tel: +49 7132 99935 0

Fax: +49 7132 99935 99

Email: info@nordsonpolymerprocessing.com

(C) 2019 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2019 2 236 M
EBIT 2019 514 M
Net income 2019 357 M
Debt 2019 1 031 M
Yield 2019 1,03%
P/E ratio 2019 22,6x
P/E ratio 2020 19,8x
EV / Sales2019 3,98x
EV / Sales2020 3,68x
Capitalization 7 861 M
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Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 144,83  $
Last Close Price 136,84  $
Spread / Highest target 20,6%
Spread / Average Target 5,84%
Spread / Lowest Target -8,65%
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Managers
NameTitle
Michael F. Hilton President, Chief Executive Officer & Director
Michael J. Merriman Chairman
John J. Keane Senior Vice President-Operations
Gregory Allan Thaxton Chief Financial Officer & Executive Vice President
Shelly M. Peet Executive VP-Human Resources & Information Systems