Nordson Corporation

Thank you for standing by and welcome to the Nordson Corporation fourth quarter fiscal year 2024 conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, again, press the star one. Thank you. I'd now like to turn the call over to Laura Mahoney, Vice President of Investor Relations and Corporate Communication. You may begin.

Thank you. Good morning. This is Laura Mahoney, Vice President of Investor Relations and Corporate Communications. We welcome you to our conference call today, Thursday, December 12th, 2024, to report Nordson's fiscal year 2024 fourth quarter and full year results. I'm here with Sundaram Nagarajan, our President and CEO, and Dan Hopgood, Executive Vice President and Chief Financial Officer. You can find both our press release as well as our webcast slide presentation that we will refer to during today's call on our website at nordson.com forward slash investors. This conference call is being broadcast live on our investor website and will be available there for 14 days. There will be a telephone replay of the conference call available until December 19th, 2024. During this conference call, references to non-GAAP financial metrics will be made. A complete reconciliation of these metrics to the most comparable GAAP metric has been provided in the press release issued yesterday. Before we begin, please refer to slide two of our presentation where we note that certain statements regarding our future performance that are made during this call may be forward-looking 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. Moving to today's agenda on slide three. Naga will discuss fourth quarter and full year highlights. He will then turn the call over to Dan to review sales and earnings performance for the total company and the three business segments. Dan also will talk about the year-end balance sheet and cash flow. Naga will conclude with high-level commentary about our enterprise performance, including an update on the Ascend strategy, as well as our fiscal 2025 full year and first quarter guidance. We will then be happy to take your questions. With that, I'll turn to slide four and hand the call over to Naga.

Good morning, everyone. Thank you for joining Norton's fiscal 2024 fourth quarter and full year conference call. In fiscal 2024, we continue to make progress on our assent strategy, delivering record sales of $2.7 billion, and record EBITDA dollars of $849 million, or 32% of sales. This is a testament to our employees who have in the last four years deployed and delivered results with NBS Next, our growth framework, despite dynamic global macro conditions, end market changes, supply chain disruptions, and more. The core elements of our business model have enabled us to deliver profitable growth throughout these challenges. This includes a steadfast focus on our customers, commitment to innovation, diversified geographic and end market exposures, and a high level of recurring revenue through aftermarket parts and consumables. Since launching the Ascent Strategy in 2021, we've added new capabilities to our business model, including the NBS Next growth framework and a division-led structure which have empowered our teams to respond rapidly to changing market conditions. I will speak more to the enterprise performance in few moments, but I will now turn the call over to Dan to provide more detailed perspective on our financial results for the quarter and fiscal year 2024.