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Hillenbrand Transformed (Ratings Upgrade)
Seeking Alpha· 2024-06-14 01:05
Tom Werner/DigitalVision via Getty Images Stemming from my days in college, I've always found the deathcare business to be rather interesting. That fascination eventually brought me to a company by the name of Hillenbrand (NYSE:HI). Historically speaking, the company owned some operations in this space. But it was also unique in the sense that it owned some completely unrelated assets as well. From time to time, I would check in on the firm, seeing if it made sense for investors to buy in. But the last time ...
Hillenbrand Releases 2023 Sustainability Report
prnewswire.com· 2024-05-23 20:48
Highlights accomplishments in our sustainability journey and focuses on product innovation Continues transparency by including additional data around key environmental metrics like water and waste Discloses three years of Scope 1 and Scope 2 greenhouse gas (GHG) emissions data and 15 Scope 3 categories BATESVILLE, Ind., May 23, 2024 /PRNewswire/ -- Hillenbrand, Inc. (the "Company") (NYSE: HI), a leading global provider of highly-engineered processing equipment and solutions, published its fifth annual Susta ...
Hillenbrand Declares Third Quarter Dividend of $0.2225 Per Share
Prnewswire· 2024-05-09 04:45
BATESVILLE, Ind., May 8, 2024 /PRNewswire/ -- The board of directors of Hillenbrand, Inc. (NYSE: HI) has declared a regular quarterly cash dividend of $0.2225 per share on the company's common stock. The dividend is payable June 28, 2024, to shareholders of record at the close of business on June 14, 2024. About Hillenbrand Hillenbrand (NYSE: HI) is a global industrial company that provides highly-engineered, mission-critical processing equipment and solutions to customers in over 100 countries around the w ...
Why Hillenbrand Stock Is Down Big Today
The Motley Fool· 2024-05-02 03:30
The company revised full-year estimates downward due to pricing pressure and product mix. Diversified manufacturer Hillenbrand (HI -11.47%) grew revenue and topped earnings expectations in its most recent quarter but warned of a slowdown up ahead. Investors are forward looking, sending the company's stock down 14% as of 12:30 p.m. ET Wednesday. Pricing pressure and reduced volumes Hillenbrand is perhaps best known as the parent of casket-maker Batesville, but the company also has a large plastics and moldin ...
Hillenbrand(HI) - 2024 Q2 - Earnings Call Transcript
2024-05-02 00:09
财务数据和关键指标变化 - 总收入增长14%,主要由于收购Schenck Process Food and Performance Materials业务 [8] - 调整后每股收益为0.76美元,符合预期 [8] - 现金流量从上年同期下降47百万美元,主要由于大项目的营运资金时间性和客户预付款减少 [19][20] - 预计全年自由现金流将在130-150百万美元,低于之前预期的230百万美元 [20] 各条业务线数据和关键指标变化 Advanced Process Solutions (APS) - 收入增长30%,其中有机收入持平,受益于售后市场业务增长和定价提升,但资本设备订单下降 [21][22] - 调整后EBITDA增长38%,有机增长7%,受益于价格成本优势和成本控制 [22] - 订单量下降5%,但仍保持较高水平 [22] Molding Technology Solutions (MTS) - 收入下降13%,主要受注单量下降影响 [23][24] - 调整后EBITDA下降29%,主要受销量下降和成本上涨影响 [24] - 订单量下降22%,但较上一季度有所改善 [25] 各个市场数据和关键指标变化 - 聚烯烃客户需求保持韧性,公司技术优势明显 [9] - 中型资本设备项目订单延迟,但大型项目订单有所恢复 [9][50][51] - 注塑设备需求在北美和中国市场有所改善,但热流道产品需求疲软 [42][43] 公司战略和发展方向及行业竞争 - 公司正在整合收购的Schenck Process和Linxis业务,实现利润率提升 [11] - 公司正在实施成本控制措施,包括精简人员、限制差旅等,以应对需求下滑 [10][13] - 公司相信长期来看,其核心市场的行业趋势向好,技术优势将带来差异化表现 [15] - 公司将在下周的塑料展上展示旗下品牌和创新,并参与可持续发展相关活动 [35] 管理层对经营环境和未来前景的评论 - 公司认识到当前面临的挑战,但相信内部举措和执行能力将帮助公司渡过当前周期 [34] - 公司预计订单模式在短期内难以明显改善,因此下调了全年指引 [27][28] - 公司仍对长期发展前景保持信心,将继续优化成本和营运资本,推动业务表现 [32] 问答环节重要的提问和回答 问题1 **Matt Summerville 提问** 询问公司各业务线订单的季度环比改善情况,以及4月份的订单情况 [38][39][40][41][42][43] **Kim Ryan 和 Bob VanHimbergen 回答** - APS业务中,大型项目订单有所恢复,但中型项目订单仍有延迟 [39][40][41][42] - MTS业务中,注塑设备订单有所改善,但热流道产品订单在中国和北美市场仍然疲软 [42][43] - 公司对未来订单前景保持谨慎乐观态度 [44][45] 问题2 **Daniel Moore 提问** 询问APS业务中中型设备项目订单延迟的原因,以及公司对此的预期 [49][50][51][52][53] **Kim Ryan 和 Bob VanHimbergen 回答** - 中型项目订单通常跟大型pellet项目有关,需要等待这些大型项目投产后才会释放 [50][51][52] - 公司认为随着下游产品需求和复杂性提升,这些中型项目将为公司带来新的机会 [50][51] - 公司目前订单管线中没有取消,预计随着宏观环境和利率趋稳,这些订单将逐步释放 [53]
Hillenbrand(HI) - 2024 Q2 - Quarterly Report
2024-05-01 04:32
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____ to _____ Commission File Number. 001-33794 HILLENBRAND, INC. (Exact name of registrant as specified in its charter) Indiana 26-1342272 (State or ...
Hillenbrand(HI) - 2024 Q2 - Quarterly Results
2024-05-01 04:24
Exhibit 99.1 Hillenbrand Reports Fiscal Second Quarter 2024 Results • Revenue of $785 million increased 14% compared to prior year; organic revenue decreased 5% primarily due to lower volume in the Molding Technology Solutions (MTS) segment • GAAP EPS of $0.09 decreased from $0.33 in the prior year; adjusted EPS of $0.76 increased 3% compared to prior year • Expanded previously announced MTS restructuring program and implementing additional cost actions across enterprise • Updating outlook for FY24 adjusted ...
Hillenbrand to Showcase Plastics Processing and Recycling Solutions at NPE2024, the Largest Plastics Industry Trade Show in the Americas
Prnewswire· 2024-04-18 22:30
Hillenbrand参加NPE2024展会 - Hillenbrand及其运营公司将在NPE2024展示创新[2] - 展会将展示支持循环经济的产品[3] - Hillenbrand总裁Kim Ryan表示致力于可持续解决方案[4] 展会亮点 - 展会上将展示各公司的创新产品[5][6][7][8][9][10] - 展会期间将举办多场演讲和活动[12][13][14][15][16] - NPE2024将吸引来自110个国家的55,000名与会者[17]
Hillenbrand Schedules Second Quarter 2024 Earnings Call for May 1, 2024
PRNewsWire· 2024-04-18 04:06
公司财报 - Hillenbrand公司将于2024年5月1日举行第二季度财报电话会议和网络直播[1] - 可通过公司投资者关系网站获取直播链接和财报信息[1] 公司业务 - Hillenbrand是一家全球工业公司,提供高度工程化的加工设备和解决方案[3]
Hillenbrand(HI) - 2024 Q1 - Earnings Call Transcript
2024-02-07 02:14
财务数据和关键指标变化 - 总收入增长18%,主要由于FPM收购的贡献 [10] - 调整后每股收益为0.69美元,与预期一致 [10] - 调整后EBITDA增长13%,但有机增长下降14%,主要由于销量下降和成本上涨 [24][25] - 调整后EBITDA利润率下降60个基点至14.8% [26] - 经营活动产生的现金流为负24百万美元,同比下降80百万美元,主要由于收益下降和营运资金需求时间性 [28] APS业务表现 - 收入增长38%,主要由于FPM收购,有机收入小幅下降2% [30] - 调整后EBITDA增长35%,但有机下降3%,受销量下降和成本上涨影响 [30][31] - 订单备货量增长18%,但有机下降5% [32] - 订单管线健康,中东、中国和印度等地区需求强劲,欧洲和非洲等地区也有进展 [48][49][50] - 大型聚烯烃项目定单时间较长,但公司有竞争优势 [18][19] MTS业务表现 - 收入下降16%,主要由于注塑机和热流道设备销量下降 [33] - 调整后EBITDA下降26%,利润率下降200个基点至15.7% [33][34] - 订单备货量下降31%,主要受消费品和电子行业需求疲软影响 [36] - 正在采取重组措施,包括裁员约5%和优化生产布局,预计可实现年度成本节约1500万美元 [14][35] - 行业需求下滑,但公司有信心在需求恢复时抓住机会 [17][54][55] 公司战略和发展方向 - 公司正在部署希伦布兰德运营模式,推动协同效应实现、生产效率提升和营运资金管理 [22][43] - 通过收购拓展到更高增长、周期性较弱的终端市场,满足长期行业趋势 [44] - 整合FPM后,公司成为全球领先的工艺技术和系统解决方案提供商 [20][67][68] 管理层对经营环境和未来前景的评论 - 面临动态和具有挑战性的宏观环境,但有信心通过执行公司目标来应对 [22] - APS业务订单管线健康,对未来保持乐观 [48][49][50] - MTS业务面临需求疲软,但相信重组措施可以提升效率并为需求恢复做好准备 [14][54][55] - 整合FPM后,公司在食品加工领域的技术和地域覆盖能力大幅提升 [20][67][68]