Hillenbrand, Inc. has recently released its 10-Q report, providing detailed insights into the company's financial condition and operational performance. Hillenbrand, Inc. operates as an industrial company, offering processing equipment and solutions globally. The company operates through two segments: Advanced Process Solutions and Molding Technology Solutions, serving industries such as plastics, food, pharmaceuticals, chemicals, and more.
Hillenbrand's 10-Q report includes an executive overview, which provides key information about the company's recent activities. The report mentions the proposed acquisition of Hillenbrand by an affiliate of Lone Star Fund XII, L.P. through a merger transaction, which is expected to close by the end of the first quarter of 2026, subject to customary closing conditions. Additionally, it discusses the divestiture of its majority interest in the Milacron injection molding and extrusion business, which was completed on March 31, 2025.
The report also delves into the company's operating performance measures, including non-GAAP financial measures such as adjusted earnings before interest, income tax, depreciation, and amortization (EBITDA). These measures are used to monitor business performance and provide a more meaningful period-to-period comparison of ongoing operating results.
Furthermore, the report highlights backlog as an important operational measure used in industries with extended lead times for order fulfillment. Backlog represents the amount of net revenue expected to be realized on contracts awarded to the company's reportable operating segments, providing insight into future net revenue associated with these segments.
Today the company's shares have moved -0.03% to a price of $31.82. Check out the company's full 10-Q submission here.
