Aurora Casket
On Tuesday global death care company Matthews International announced a sale, that was effective on June 26, of a non-controlling ownership interest in a pet cremation services business. According to this release from Matthews, the company sold its interest for a total of $57.2 million. That $57.2 million was to be paid to Matthews International…
Read MoreMatthews International reported their 4th Quarter and 2019 fiscal Year Sales last week. The Pittsburgh based public company includes in its portfolio, as one of three business segments, a Memorialization unit that includes Matthews Cremation, Aurora Casket, and Star Granite which are of interest to the death care industry. You can access the Matthews International…
Read MoreLast week Matthews International, a multi-faceted United States public company based in Pittsburgh, Pennsylvania, reported 3rd Quarter results for their fiscal year which will end on September 30. The 3rd Quarter results are for the period ended June 30 and you can read the Matthews press release about the financial report for the 3rd Quarter…
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 MoreMatthews International, the Pittsburgh based consolidated company with a division in the death care industry that deals with memorials, cremation equipment, caskets, and more, had an interesting Friday after releasing their 4th quarter and year end earnings on Thursday. You can see a press release of their results here. For the year the company reported…
Read MoreMatthews International Corporation reported earnings on January 25. The consolidated company – which operates worldwide in three divisions which includes a division labeled “Memorialization” and includes Matthews Cremation Products and Aurora Casket among others – recorded an increase in sales of over $20 million system-wide for their fiscal year’s 1st Quarter. They also produced non-GAAP…
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