Hillenbrand(HI) - 2024 Q2 - Quarterly Results
HIHillenbrand(HI)2024-05-01 04:24

Exhibit 99.1 Hillenbrand Reports Fiscal Second Quarter 2024 Results • Revenue of 785millionincreased14785 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 0.33intheprioryear;adjustedEPSof0.33 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 ...