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Hillenbrand, Inc.
Hillenbrand, Inc. Reports Fourth-Quarter Revenue of $159 Million and Earnings Per Share of $0.31
December 14th, 2008
Hillenbrand, Inc. (NYSE:HI) reported fourth-quarter 2008 revenue of $158.8 million, consistent with $158.2 million reported in the fourth quarter of 2007. In addition, the company reported fully diluted earnings per share of $0.31 for the quarter, representing growth of 3 percent over the same period in the prior year. Revenue for the quarter remained essentially flat, as a general decline in burials and a lower average product mix were positively offset by favorable price realization and foreign exchange rates. A gross profit of 40.3 percent in the quarter improved 50 basis points, as substantial increases in fuel and commodity prices were offset by...
Source: Pharma Investments, Ventures & Law Weekly (2008-12-14)
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