Batesville Casket Company
In any given year there is a lot that happens in any industry or profession. And, there was a lot that happened in death care in 2023 such as the continuing Federal Trade Commission continuing to look into and holding hearings on the status of “The Funeral Rule”. Or, on the more…
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 a saver I keep what investments I have in separate buckets. I have a bucket for my 401k, I have a bucket that generates current income, and I have a bucket where I hold stocks with the philosophy that these stocks “will be worth more in ten years than they are worth today”. The…
Read MoreIn a release dated July 19 that you can read here, investor’s service Moody’s upgraded the debt rating of public company Hillenbrand Industries from a Ba1 to a Baa3. They also noticed that the outlook of the company going forward is “Stable”. Hillenbrand Industries is the owner of U.S. casket manufacturer market share leader Batesville…
Read MoreHillenbrand Industries reported 2nd quarter results last week. Hillenbrand, long known as the parent company of Batesville Caskets, has been, of late, driven by its entry into the Processed Equipment arena. The company reported a net loss for the quarter which was the result of taking a $63 million dollar charge against the carrying value…
Read MoreLast Wednesday Hillenbrand Industries reported 4th quarter 2017 and full year 2017 results. For both the quarter and the year the company reported that company’s overall revenue had grown about 3% overall. For both the quarter and the year, however, revenue increased in the Process Equipment segment of their business and decreased in the Batesville…
Read MoreHillenbrand Industries, the parent company of Batesville Casket Company, posted 3rd Quarter earnings yesterday and did so by showing an increase in revenues to almost $396 million for the quarter. That represents a 7% increase over the same quarter in 2016 and puts their fiscal year 9-month revenues about $38 million (3.4%) over the same…
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