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Motley Fool Income Investor / IISold: Hillenbrand

URL:  https://boards.fool.com/thanks-murph-couple-of-things-stood-out-for-me-30402794.aspx

Subject:  Re: Earnings Call Transcript... Date:  11/28/2012  11:08 AM
Author:  papsrus Number:  58 of 69

Thanks Murph.

Couple of things stood out for me:

This comment from CEO Kenneth Camp: "We will continue to build Hillenbrand as a global industrial products company with an emphasis on customer and geographic diversification to balance risk and growth."

Is it fair to say the company is pretty keenly focused on expanding its process equipment group while de-emphasizing the death care products business (as was my question in the previous thread)? That's a good thing, in my view, as Batesville seems to have been a drag on earnings.

Also, despite what appears to be a strong quarter, year over year income and earnings were both down, so enthusiasm for the quarter is tempered a bit in that light.

But all in all, pleased with the results and the growth strategy going forward.

Paps (long HI)
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