Hillenbrand reports positive second quarter financial results

Revenue of $722 million increased 11 percent compared to the prior year, driven by strong growth within the Molding Technology Solutions segment and COVID-19 related demand at Batesville. Excluding the impact of foreign currency exchange, total revenue increased 8 percent. On a pro forma basis, revenue increased 18 percent year over year, which excludes the Red Valve and ABEL businesses in the Advanced Process Solutions segment and the Cimcool business in the Molding Technology Solutions segment.

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