
Batesville Casket Co Revenue down again after the worse year in it's history
Hillenbrand, Inc NYSE: HI is reporting another revenue decline and openingly stating the loss is due to Non Casketed Funerals.With this after the worse year in it’s history in 2009 the downward spiral of Batesville Casket Company continues.
This points to the continuous rise of cremation in the United States Of America along with the alternative funeral. Batesville reported a 3% Loss in Net Revenue.
Hillenbrand reported net revenue of $161.5 million for the first quarter of 2010, which ended December 31, 2009, a $5 million (3 percent) decline from the same period in fiscal 2009.
via www.bizjournals.com
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