Tag: burials

Finance

Hillenbrand reports 1Q 2021. . .Batesville sales soar 30%

In the world that we are living in, it is certainly not unexpected, but to see Batesville’s sales soar 30% for the October, November, and December quarter is both mind boggling and sobering. It is, in my opinion, mind boggling simply to see any company, without a major acquisition, grow their sales by 30% in a fiscal quarter.  And, it is sobering, because in the COVID-19 pandemic world, we all know the major reason while Batesville has had this growth. […]

Finance

Batesville sales increase 7%

Hillenbrand 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 one-third less than last year at this same time.  You can access Hillenbrand Industries 3Q 2020 earnings press release here. Those numbers seem somewhat contradictory […]

Business Products Regulations

Recompose sets sights on Colorado

Recompose, the public benefits corporation that is moving the process of recomposition (human composting) into the commercial realm recently held a forum at the Feldman Mortuary in Denver, Colorado.  The forum was used to introduce the idea of recomposition to the Colorado market and also to announce that two Colorado legislators plan to introduce a bill in the next assembly that would legalize the process in the state. According to this article and news story from Channel 4 – CBS […]

Business

NFDA Publishes Annual Cremation and Burial Report

Every year the National Funeral Directors Association (NFDA) publishes their Cremation and Burial Report.  This year’s much anticipated copy was released on July 6, 2017.  It is an interesting document filled with statistics, research, and dialogue that should be a must read for every person in the Death Care industry.  You can read it here. The 2017 report, as I said is very interesting.  One thing that it points out is that, in keeping with the growing trend towards cremation, […]