Batesville Net Revenue down|again Rise in Non Casketed Funerals-Your Funeral Guy

4 Feb

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

Funeral Industry|Funeral News | Funeral blog by Your Funeral Guy

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