Nordson Corp Q2 2021 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Andrew Edouard Buscaglia - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst : I know you got a lot of questions on these supply chain and navigating that. And I think -- I was hoping you can explain one thing in that headlines every day around these component shortages. I'm just wondering, what's the nature of your business and that you're able to kind of sidestep that? And correct me I'm wrong, your business test and inspect various components and with coatings on other components. I just don't -- I don't quite understand, I guess, I would not have expected a quarter in which that performed so well. So just -- so can you give me any color there? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. MAY 25, 2021 / 12:30PM, NDSN.OQ - Q2 2021 Nordson Corp Earnings Call

Question: Andrew Edouard Buscaglia - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst : I see. So just so niche, it's -- you can't look at it. You can't look at the broader headlines. You're kind of too narrowly focused that really doesn't impact you I think?

Question: Andrew Edouard Buscaglia - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst : Yes. Okay. And then maybe, Naga, you put out that long-term target of 30% EBITDA margin. But it looks like your -- I mean, this year, you're going to rush close to that. I mean I think it would be into the 29 -- $529 million based on the implied guidance. So I guess, is the way to look at that long-term guidance more like should we be looking at year-over-year EBITDA growth from like a dollar perspective or I guess -- or are you just being really conservative with being able to achieve 30% long term because you're practically there after this year?