Hillenbrand issues forecast for 2009
Hillenbrand Inc. said it expects to meet or top its 2008 revenues and profits, along with analysts' expectations, for its 2009 fiscal year.
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#1 Jan 22, 2009
Hillenbrand never has dynamic business cycles because of their sales relation to birth and death products. US marginal profits from sales of these products is falling. The company has a history of making up this margin loss by decreasing their work force and charging this loss against future earnings. The problem is that they have consistantly loss their quality work force and their quality name is going down hill with their sales margins.
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