Hillenbrand
Hillenbrand Industries, parent company of Batesville Casket company reported earlier this week that Batesville’s fiscal 4th Quarter sales (July, August, September) were essentially flat from the prior year. You can see Hillenbrand’s 4th Quarter and Year End report here. Hillenbrand Industries reported quarterly revenue of $486 million — an increase over 4Q 2018 of 2%. …
Read MoreFuneral Director Daily tracks its proprietary Death Care Index or DCI periodically. The DCI is a group of eight publicly traded company stocks that each have some skin in the death care industry or profession. They range from companies involved in death care services to companies who manufacture things like crematories, to companies involved in…
Read MoreThe other day Funeral Director Daily published an article on the transformation of Hillenbrand Industries. We explained that while the trajectory has not been perfect and steady – as a matter of fact it has sometimes been downright rocky – they have now transformed their business and business model so that their founding business, caskets,…
Read MoreAs we continue to move into the reports from Wall Street on how public companies have been doing for the first six months of 2019 we have a couple of items that we noticed in today’s news that we will present to you: Dignity PLC halts dividend: The British funeral home conglomerate announced on Wednesday…
Read MoreEarlier in May both of America’s leading casket companies reported their 2019 fiscal year 2nd quarter financials. Those companies, Hillenbrand, which is the parent company of Batesville Casket Company, and Matthews International, which is the parent company of Aurora Casket Company, reported declining sales of caskets. You can see Hillenbrand’s 2Q report here and you…
Read MoreOn January 31 Matthews International, parent company of Matthews Cremation and Aurora Casket, reported its first quarter of fiscal year 2019 which covers the period of October 1, 2018 to December 31, 2018. You can read the press release from Matthews here. As a company the consolidated sales totaled $374.2 million as compared to $369.5…
Read MoreMulti-faceted conglomerate Hillenbrand Industries, parent of death care company Batesville, reported higher revenue year over year for their 1st Quarter which ended on December 31. Hillenbrand, as a whole, reported revenue for the quarter of $410 million which is 3% higher than one year ago. Hillenbrand’s Processed Equipment Group (PEG) reported revenue growth of 7%.…
Read MoreHillenbrand Industries, parent company of Batesville Casket, reported 4th quarter and year end earnings last week. You can read the company’s press release here. For the year the company’s revenues increased 11% to $1.77 billion. As you may know the company operates in two general segments, the Processed Equipment Group and the Batesville Group. The…
Read MoreFuneral Director Daily has established the DCI or Death Care Index for eight publicly traded companies that operate in the death care industry. The companies, all headquartered in North America, operate in the financial (preneed) sector, the manufacturing (caskets and monuments) sector, or the retail (funeral home and cemetery) sector. The companies include Security National…
Read MoreMatthews International, a death care conglomerate with operations in crematory equipment, bronze memorialization products, and caskets, reported their 3rd Quarter 2018 fiscal year results yesterday. You can read their press release here. Their report can be summed up by increased total sales – albeit not to the extent that they had predicted, but a beat…
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