Hillenbrand, Inc. Reports Earnings Results for the First Quarter Ended December 31, 2018
January 29, 2019 at 04:25 pm
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Hillenbrand, Inc. announced earnings results for the first quarter ended December 31, 2018. For the first quarter, the company announced sales was USD 410.3 million compared to USD 397.2 million a year ago. Net income was USD 28.3 million compared to USD 18.1 million a year ago. Basic earnings per share was USD 0.45 compared to USD 0.28 a year ago.
Hillenbrand, Inc. is a global industrial company that provides processing equipment and solutions. The Company operates through two segments: advanced process solutions and molding technology solutions. The advanced process solutions segment is a provider of process and material handling equipment, systems, and aftermarket parts and services for a variety of industries, including durable plastics, food and recycling. This segment's technologies include compounding, extrusion, material handling, conveying, mixing, ingredient automation, portion process, and screening and separating equipment. The molding technology solutions segment provides equipment, systems and aftermarket parts and service for the plastic technology processing industry. This segment has a product portfolio that includes injection molding and extrusion equipment, hot runner systems, mold bases and components, and maintenance, repair, and operating supplies. Its brands include Coperion, Milacron, K-Tron and Rotex.
HILLENBRAND, INC. 
