Batesville Casket

Swimming against the stream

By Funeral Director Daily / January 15, 2020 /

To understand me you have to understand that I was somewhat, especially when it came to business, a data geek even before data and the term “data analytics” became in vogue.  When my wife and I were married in 1988 – and I was hatching all kinds of business opportunities outside of the funeral realm,…

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Batesville reports that 4th Qtr sales are flat

By Funeral Director Daily / November 15, 2019 /

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%. …

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Matthews Aurora spins off Canadian facility

By Funeral Director Daily / October 11, 2019 /

In this press release issued by Victoriaville & Co. of Edmunston, New Brunswick, Canada, last week you can read about their acquisition of  Alliance St-Laurent Casket, previously a subsidiary of Matthews Aurora Funeral Solutions. According to a quote from Steve Gackenbach, Group President of Matthews Memorialization, “This divestiture represents a manufacturing consolidation as part of…

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Casket companies report sales . . .the slide continues

By Funeral Director Daily / May 21, 2019 /

Earlier 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…

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Hillenbrand revenue up, Batesville revenue down, CEO Raver calls Batesville “Lean and Flexible”

By Funeral Director Daily / February 7, 2019 /

Multi-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%.…

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Hillenbrand reports 4th Qtr and Year End results

By Funeral Director Daily / November 21, 2018 /

Hillenbrand 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…

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Hillenbrand Reports 1st Quarter, Revises Adjusted EPS Upward

By Funeral Director Daily / February 2, 2018 /

Hillenbrand Industries reported 1st Quarter 2018 earnings on January 31.  You can read the company’s press release here. President Joe Raver made the following comment, “We are off to a strong start for 2018 with continued momentum in the Process Equipment Group.  We remain closely aligned with our customers by providing applications expertise and high…

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The American Casket Market

By Funeral Director Daily / December 19, 2017 /

I’ve been able to receive a private report from November 2017 on the State of the American Casket Market.  It is an extensive report that goes into who are the players in the industry, what is the market like, who has what percentage of market share, what is the profitability of the industry, and attempts…

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Batesville Casket Honored by State of Indiana

By Funeral Director Daily / October 6, 2017 /

Batesville Casket company was one of eleven Indiana companies honored and inducted into the State of Indiana Manufacturer’s Hall of Fame in a ceremony on October 4.  Companies were recognized by the Indiana Manufacturer’s Association for their outstanding contributions to the development of a healthy, dynamic manufacturing environment in Indiana. Batesville has been a part…

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