Hillenbrand, Inc. Provides Earnings Guidance for the Fourth Quarter of 2021
August 05, 2021 at 01:54 am IST
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Hillenbrand, Inc. provided earnings guidance for the fourth quarter of 2021. For the period, the company expects total revenue to be between $713 million and $738 million, an increase of 6% to 9% year over year on a pro forma basis, which excludes Red Valve and ABEL.
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. 
