Batesville Casket
I like to stay abreast of what is happening in the world of finance. And, even though I like to stay in my lane about what I know, over the years I probably bought a stock or two in a company where I didn’t really know the inside out of how the company made its…
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Batesville Casket’s parent company, Hillenbrand Industries, reported Fiscal Year 2021 and FY 4th Quarter 2021 results last week. In that report, that you can read here, they reported that the Batesville segment produced revenue of $623 million for the year. . . a 13% increase over FY2020. It should be mentioned here that FY2020 included…
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Hillenbrand Industries, parent company of Batesville, reported their Fiscal Year 3rd Quarter earlier this month. Their FY 2021 3Q comprises the April, May, and June 2021 business period. You can see the complete report here. Here’s what CEO Joe Raver said about the quarter, “We had another strong quarter of performance with exceptional cash generation…
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I had contact with an industry friend who had just returned from the Cremation Association of North America (CANA) convention last week. She indicated to me that it was good to get back to an in-person gathering and see old friends. One of the other things she indicated is that, in her opinion, how the…
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Hillenbrand Industries, parent company of Batesville Casket Company, announced last week that current CEO Joe A. Raver will be retiring at the end of 2021. The following day, Kimberly K. Ryan will succeed him as CEO of the company. In a press release that you can read here, Hillenbrand Chairperson Joe Loughrey describes Raver, “A…
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Batesville, a division of Hillenbrand Industries, reported their Fiscal Year 2nd Quarter during the first week of May. While the entire company revenue increased 11% year over year, Batesville, the funeral service side of the business, increased their revenue by over 20% to a quarterly volume of $166 million. Here’s what was said in the…
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Hillenbrand Industries, parent company of Batesville Casket Company, reported their July through September numbers – which happen to be their 4th Quarter fiscal year numbers, as well as their Fiscal Year End numbers last week. Hillenbrand showed record revenues both for the quarter and the year. You can access their financial report here. However, those…
Read MoreHillenbrand Industries, a global diversified industrial company and parent of death care company, Batesville, reported their 3rd Quarter 2020 last week. The company, which operates with an October 1 fiscal year date announced that revenues for the entire company increased 36% to $608 million for the quarter, but Net Income of $24 million was about…
Read MoreHillenbrand Industries, parent company of Batesville Casket Company and Assurant, the financial services company that counts it Global Preneed business among its three divisions both reported financial results during early May and we now bring you those results. Batesville Casket, which represents about 20% of the total revenue of Hillenbrand Industries reported an increase of…
Read MoreOn Friday, or maybe it was Saturday, I was watching President’s Trump daily briefing on the coronavirus pandemic and my ears picked up when I heard him him mention some of the companies that were leading the charge against the virus. One of the companies he mentioned was Hillrom. If you have been around funeral…
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