5/21/2020

speaker
Operator
Conference Call Operator

Ladies and gentlemen, thank you for standing by and welcome to the Nordson Corporation second quarter fiscal year 2020 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1 on your telephone. If you require any further assistance, please press star 0. I would now like to hand the conference over to one of your speakers today, Laura Mahoney. Thank you. Please go ahead.

speaker
Laura Mahoney
Vice President of Corporate Communications and Investor Relations

Thank you, Casey. Good morning. This is Laura Mahoney, Vice President of Corporate Communications and Investor Relations. I'm here with Sundaram Nagarajan, our President and CEO, and Greg Saxton, Executive Vice President and CFO. We welcome you to our conference call today, Thursday, May 21st, 2020, to report Nordson's fiscal year 2020 second quarter results. Our conference call is being broadcast live on our web page at nordson.com forward slash investors and will be available there for 14 days. There will be a telephone replay of the conference call available until June 4, 2020, which can be accessed by dialing 416-621-4600. You will need to reference ID number 8187700. During this conference call, forward-looking statements may be made regarding our future performance based upon Nordson's current expectations. These statements may involve a number of risks, uncertainties, and other factors as discussed in the company's filings with the Securities and Exchange Commission. that could cause actual results to differ. After our remarks on the quarter, we will be happy to take your questions. With that, I'll turn the call over to Naga.

speaker
Sundaram Nagarajan
President and Chief Executive Officer

Good morning, everyone. Thank you for joining Norton's fiscal 2020 second quarter conference call. It's incredible how much the world has changed in the few months since our February conference call. We hope you and your families are staying healthy and safe. In the second quarter, our team was focused on two critical priorities, detecting the health and safety of our employees and responding to the needs of our customers. I'm so thankful to our colleagues around the world for their flexibility, resilience, and commitment as we have navigated through this pandemic. I'm proud of the Norton team. One of Norton's greatest strengths is the diversity of end markets which is certainly contributing to our results to this point in the year. And during this period, all of our production facilities have continued to manufacture products for critical infrastructure applications. Going forward, our focus will continue to be on maintaining health and safety of our employees as we transition from working remotely, where social distancing, regular cleaning, temperature checks, face coverings and other protocols will be essential. Representatives from our global teams have been coming together to share best practices and lessons learned. We're all moving forward together in a conservative manner to ensure everyone's safety. While we remain focused on actively managing this dynamic environment, I'm equally committed to moving this organization forward and making progress toward our strategic objectives. The greatest opportunity for Norton is profitable growth. On March 30th, we announced a business realignment that will make us more agile in accomplishing our strategic priorities of accelerating organic growth, diversifying through acquisition, leveraging the Norton business system, and focusing on talent development. Today we will discuss our results in terms of our two new segments, industrial precision solutions and advanced technology solutions. I'll speak more about the business in a few moments, but first I'll turn the call over to Greg to provide more detailed perspective on the second quarter. Thank you, Naga, and good morning to everyone.

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