Hillenbrand (HI) Tops Q1 EPS by 4c

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Go back to Hillenbrand (HI) Tops Q1 EPS by 4c

Hillenbrand Reports Second Quarter Revenue of $405 Million

May 11, 2015 4:43 PM EDT

BATESVILLE, Ind., May 11, 2015 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) today reported financial results for the second quarter ended March 31, 2015.  Revenue increased 2% to $405 million, or 9% growth on a constant currency basis.  The Process Equipment Group delivered revenue that was up 1% (12% constant currency).  Order backlog declined 12% from the first quarter to $520 million as lower order intake in the second quarter reflected a more difficult economic climate in certain markets.  In comparison to the prior year, backlog was down 27%, or 17% on a constant currency basis.  Batesville revenue increased 4% (5% constant currency) to $164 million.  Volume... More