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/PRNewswire/ -- Fiscal First Quarter 2022 Highlights: Revenue of $728 million increased 5% compared to prior year; pro forma revenue of $726 million increased...

Molding machinery demand helps drive growth at Hillenbrand Print BATESVILLE, Ind.—Hillenbrand Inc. reported strong results for its second quarter with an 11 percent increase in sales to $722 million driven by growth in two of its three operating segments. Higher sales for the Molding Technology Solutions (MTS) unit, which was Milacron Holdings Corp. before it was acquired in 2019, and the burial casket business offset a drop for the Advanced Process Solutions (APS) unit, which manufactures industrial equipment. In MTS, sales climbed 28 percent, a $56 million increase to $255 million, compar...

Molding machinery demand helps drive growth at Hillenbrand Milacron Holdings Corp., Hillenbrand Inc. Sales in Hillenbrand's molding sales unit, which includes Milacron machines, climbed 28 percent, a $56 million increase to $255 million, compared to the prior-year period. Batesville, Ind.-based Hillenbrand Inc. reported strong results for its second quarter with an 11 percent increase in sales to $722 million driven by growth in two of its three operating segments. Higher sales for the Molding Technology Solutions (MTS) unit, which was Milacron Holdings Corp. before it was acquired in 2019, a...

Quarterly Results Earnings per share rose 84.91% over the past year to $0.98, which beat the estimate of $0.91. Revenue of $722,300,000 up by 11.31% from the same period last year, which beat the estimate of $707,050,000. Guidance Hillenbrand Sees Q3 2021 Revs $665M-$695M Vs $659.05M Est; Sees Q3 Adj. EPS $0.70-$0.80 Vs $0.78 Est Recent Stock Performance 52-week low: $17.48 Company Overview Hillenbrand Inc is a U.S.-based company that operates through three segments. The Advanced Process Solutions segment designs, develops, manufactures, and services engineered industrial equipment. The Moldi...

Hillenbrand Announces Fiscal Second Quarter 2021 Results Fiscal Second Quarter 2021 Highlights: - Revenue of $722 million increased 11% year over year driven by strong growth within Molding Technology Solutions and COVID-19 related demand at Batesville; pro forma revenue increased 18% - GAAP EPS of $1.03 compares to a loss of $0.99 in the prior year; adjusted EPS of $0.98 increased 40% primarily driven by growth at Molding Technology Solutions and Batesville - Backlog increased 30% year over year to a record $1.52 billion led by increased injection molding demand at Molding Technology Solutio...