As the baby boom generation moves closer to leaving life's
stage, some in younger generations can't disguise their
The generation that inspired the me-generation label and the
reaction "die yuppie scum" is starting to die.
Although generational stereotyping is nonsense (astrologists
divide the living population into more types than generational
analysis can), the economic effects are real.
The boomer die-off should be good for funeral services and
casket makers. Yet, after the demographic bulge passes, isn't a
), once known as a maker of caskets, urns and other memorial
products, is in position to benefit from the rise in deaths and
compensate for the subsequent drop.
The company has been using mergers and acquisitions to
In April 2010, the company merged with New Jersey-based K-Tron
International, a company that makes and conveys bulk solids into
the manufacturing process and also makes machines that cut raw
In August 2011, Hillenbrand bought Cincinnati-based Rotex
Global, a maker of dry material separation machines and
replacement parts for a variety of industries.
In December 2012, Hillenbrand acquired Germany's Coperion
Capital, a maker of material handling equipment.
The acquisitions have flipped Hillenbrand's revenue flow. In
fiscal 2013 ended in September, the processing equipment group
accounted for 60% of revenue, surpassing the Batesville
death-care segment for the first time.
More than 40% of total revenue is now from outside the U.S.
Analysts expect fiscal 2014 earnings to grow 14% on a 12% revenue
The company reported quarterly results Monday, missing on
earnings and revenue because of weakness in potash and proppants
markets and strength in cremation.
The annualized dividend yield is 2.8%.