Welcome to our dedicated page for Hillenbrand news (Ticker: HI), a resource for investors and traders seeking the latest updates and insights on Hillenbrand stock.
Hillenbrand Inc (NYSE: HI) provides essential industrial processing solutions through its Advanced Process Solutions, Molding Technology Systems, and Batesville segments. This news hub offers investors and industry professionals centralized access to official updates and market developments.
Find timely press releases covering earnings results, strategic acquisitions, product innovations, and leadership changes. Our curated collection simplifies tracking HI's performance in durable plastics manufacturing, recycling technologies, and funeral service equipment markets.
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Hillenbrand (NYSE:HI) reported fiscal Q3 2025 results with revenue of $599 million, down 24% year-over-year, while pro forma revenue decreased 10%. The company posted GAAP EPS of $0.03, improving from $(3.53) in the prior year, while adjusted EPS was $0.51, down 40% year-over-year.
Key developments include achieving $30 million in run-rate cost synergies from Linxis and FPM acquisitions ahead of schedule, divesting minority stake in TerraSource for $115 million used for debt reduction, and successfully amending credit facilities. The company maintains its adjusted EPS midpoint guidance while updating core outlook for fiscal 2025.
Net debt stands at $1.51 billion with a net debt to pro forma adjusted EBITDA ratio of 3.9x, improving to 3.7x post-TerraSource divestiture. The company faces challenges from macroeconomic conditions and tariffs impacting customer purchasing decisions.
Hillenbrand (NYSE: HI) has scheduled its third quarter fiscal year 2025 earnings conference call and webcast for Tuesday, August 12, 2025, at 8:00 a.m. ET. The company will release its financial results for the quarter ended June 30, 2025, after market close on Monday, August 11, 2025.
The earnings presentation will include a slide deck and will be accessible via webcast at the company's investor relations website. For those joining by phone, U.S. and Canadian participants can dial +1 (877) 407-8012, while international callers should use +1 (412) 902-1013 with conference ID 13754423. A replay will be available until August 26, 2025.
Hillenbrand (NYSE: HI) has announced significant changes to its debt structure and credit facilities. The company will fully redeem its $375 million, 4.500% notes that were due September 2026. Additionally, Hillenbrand has successfully amended and extended its syndicated credit agreement, which now includes a $700 million revolving credit facility, a $175 million term loan, and a Euro-denominated delayed-draw term loan up to €240 million.
The company has also amended its €325 million L/G facility agreement. These financial moves are aimed at optimizing Hillenbrand's capital structure and enhancing its operational and financial flexibility.
Hillenbrand (NYSE: HI) has completed the divestiture of its minority stake in TerraSource Holdings to Astec Industries. The total transaction value was approximately $245 million, with Hillenbrand receiving $115 million from the sale. The company plans to use the proceeds to reduce its debt.
Hillenbrand operates as a global industrial company specializing in highly-engineered, mission-critical processing equipment and solutions, with a focus on durable plastics, food, and recycling markets.
Hillenbrand (NYSE: HI) announced that CFO Robert "Bob" VanHimbergen will depart the company effective June 27, 2025, to pursue another opportunity. Megan Walke, current Vice President, Corporate Controller and Chief Accounting Officer, will serve as Interim CFO. Walke brings 14 years of experience at Hillenbrand and previously worked in public accounting for nine years. The company has engaged an executive search firm to find a permanent CFO replacement.
VanHimbergen served as CFO for three years, contributing to Hillenbrand's transformation into a pure-play industrial company. The company, which specializes in highly-engineered processing equipment and solutions for durable plastics, food, and recycling industries, remains focused on executing its strategy through its industry-leading brands.
Hillenbrand (NYSE: HI) has announced its regular quarterly cash dividend payment. The company's board of directors has declared a dividend of $0.225 per share on its common stock. Shareholders who are on record by the close of business on June 16, 2025, will receive the dividend payment on June 30, 2025.
Hillenbrand reported fiscal Q2 2025 results with revenue of $716 million, down 9% year-over-year. The company posted a GAAP loss of $(0.58) per share, compared to earnings of $0.09 in the prior year, primarily due to the sale of its Milacron injection molding business.
Key highlights:
- Advanced Process Solutions (APS) revenue fell 12% to $494 million
- Molding Technology Solutions (MTS) revenue decreased 2% to $222 million
- Net proceeds of ~$265 million from Milacron sale used for debt reduction
- Company updated 2025 guidance due to tariff impacts and economic uncertainty
The company expects full-year adjusted EPS of $2.10-$2.45, with Q3 adjusted EPS projected at $0.46-$0.53. Hillenbrand maintains a strong liquidity position of $770 million, including $458 million in cash. The company also announced plans to sell TerraSource Global for $245 million, expected to close in late Q3 or early Q4 2025.
Hillenbrand reported fiscal Q2 2025 results with revenue of $716 million, down 9% year-over-year, primarily due to lower volume in Advanced Process Solutions (APS). The company posted a GAAP loss of $(0.58) per share, compared to earnings of $0.09 in the prior year, mainly due to the sale of its Milacron injection molding stake.
Key highlights include:
- Completed sale of majority stake in Milacron for net proceeds of ~$265 million
- Adjusted EPS of $0.60, down 21% from prior year
- Updated 2025 guidance due to tariff impacts and economic uncertainty
- Full-year EPS now expected at $2.10 - $2.45
- Q3 adjusted EPS guidance of $0.46 to $0.53
The company faces challenges from increased tariffs and macroeconomic uncertainty, leading to cautious customer spending. Management remains confident in long-term growth prospects despite near-term headwinds.
Hillenbrand (NYSE: HI) has scheduled its second quarter fiscal 2025 earnings conference call and webcast for Wednesday, April 30, 2025, at 8:00 a.m. ET. The company will discuss financial results for the quarter ended March 31, 2025.
The earnings release and financial statements will be published after market close on Tuesday, April 29, 2025. Investors can access the live webcast and slide presentation at the company's investor relations website under the 'Events & Presentations' tab, where it will remain archived until May 30, 2025.
Conference call participants can dial +1 (877) 407-8012 (US/Canada) or +1 (412) 902-1013 (International) using ID 13752558. A replay will be available until May 14, 2025, accessible at +1 (877) 660-6853 (US/Canada) or +1 (201) 612-7415 (International).
Hillenbrand (NYSE: HI) has completed the sale of its majority stake (51%) in the Milacron injection molding and extrusion business to Bain Capital for $287 million. Hillenbrand retains a 49% ownership stake in the business. The transaction's after-tax net proceeds of approximately $250 million will be used to reduce debt.
The deal is part of Hillenbrand's strategic transformation into a pure-play industrial company, focusing on process and automation equipment for food, pharmaceutical, and polymer end markets. The partnership with Bain Capital aims to provide Milacron with additional resources and focus for future growth while allowing Hillenbrand to maintain potential future returns.
This transaction follows Hillenbrand's 2019 acquisition of Milacron Holdings Corp., which included Mold-Masters, DME, and Cimcool businesses. While Cimcool was sold in 2020, Hillenbrand continues to own Mold-Masters and DME businesses.
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