财务数据和关键指标变化 - 总收入增长18%,主要由于FPM收购的贡献 [10] - 调整后每股收益为0.69美元,与预期一致 [10] - 调整后EBITDA增长13%,但有机增长下降14%,主要由于销量下降和成本上涨 [24][25] - 调整后EBITDA利润率下降60个基点至14.8% [26] - 经营活动产生的现金流为负24百万美元,同比下降80百万美元,主要由于收益下降和营运资金需求时间性 [28] APS业务表现 - 收入增长38%,主要由于FPM收购,有机收入小幅下降2% [30] - 调整后EBITDA增长35%,但有机下降3%,受销量下降和成本上涨影响 [30][31] - 订单备货量增长18%,但有机下降5% [32] - 订单管线健康,中东、中国和印度等地区需求强劲,欧洲和非洲等地区也有进展 [48][49][50] - 大型聚烯烃项目定单时间较长,但公司有竞争优势 [18][19] MTS业务表现 - 收入下降16%,主要由于注塑机和热流道设备销量下降 [33] - 调整后EBITDA下降26%,利润率下降200个基点至15.7% [33][34] - 订单备货量下降31%,主要受消费品和电子行业需求疲软影响 [36] - 正在采取重组措施,包括裁员约5%和优化生产布局,预计可实现年度成本节约1500万美元 [14][35] - 行业需求下滑,但公司有信心在需求恢复时抓住机会 [17][54][55] 公司战略和发展方向 - 公司正在部署希伦布兰德运营模式,推动协同效应实现、生产效率提升和营运资金管理 [22][43] - 通过收购拓展到更高增长、周期性较弱的终端市场,满足长期行业趋势 [44] - 整合FPM后,公司成为全球领先的工艺技术和系统解决方案提供商 [20][67][68] 管理层对经营环境和未来前景的评论 - 面临动态和具有挑战性的宏观环境,但有信心通过执行公司目标来应对 [22] - APS业务订单管线健康,对未来保持乐观 [48][49][50] - MTS业务面临需求疲软,但相信重组措施可以提升效率并为需求恢复做好准备 [14][54][55] - 整合FPM后,公司在食品加工领域的技术和地域覆盖能力大幅提升 [20][67][68]

Q1 2024 Key Metrics1,2 | --- | --- | --- | --- | |---------------------------------------------------------------------------------------------------------------------|----------------|-------------|---------| | | | | | | Strong performance from recent FPM acquisition | | | | | and record aftermarket revenue | | +18% $656M | $773M | | Solid APS demand as organic orders increased YOY and sequentially | Revenue | | | | | | Q1 2023 | Q1 2024 | | Continued demand softness within MTS and timing remains extended ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended December 31, 2023 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____ to _____ Commission File Number. 001-33794 HILLENBRAND, INC. (Exact name of registrant as specified in its charter) Indiana 26-1342272 (State ...

分组1 - 公司完成了三项战略收购和一项剥离,转型为纯粹的全球工业公司,拥有领先品牌和高度工程化的工业加工技术与解决方案,服务于耐用塑料、食品和回收等行业,这些行业受益于长期的行业增长趋势 [10][11][12] - 公司最近收购的食品业务和售后服务业务表现强劲,第四季度售后服务收入创历史新高 [15] - 公司在可持续发展方面取得进展,发布了第四份年度可持续发展报告,并获得MSCI评级提升和入选路透社责任商业奖决赛 [18] 分组2 - 第四季度收入达7.63亿美元,同比增长26%,其中FPM贡献4300万美元 [20][21] - 第四季度调整后EBITDA为1.47亿美元,同比增长33%,调整后EBITDA利润率为19.3% [22][26] - 第四季度调整后每股收益1.13美元,位于指引区间高端 [23][24] - 全年收入增长22%,达28.3亿美元,其中收购贡献,有机增长9% [33][34] 问答环节重要的提问和回答 问题1 **Daniel Moore 提问** 询问FPM整合进展以及对2024年财务贡献的预期 [61][62] **Bob VanHimbergen 回答** FPM整合进展顺利,预计2024年将贡献约5.2-5.3亿美元收入,利润率略高于13% [65][66] 问题2 **Matt Summerville 提问** 询问MTS业务中注塑机和热流道设备需求的差异以及价格成本关系 [80][83][84] **Kim Ryan 和 Bob VanHimbergen 回答** 注塑机业务在印度保持稳定,热流道设备在中国市场持续疲软,公司正通过供应链管理和工程优化来应对成本压力 [81][82][84][85] 问题3 **John Franzreb 提问** 询问大型项目订单延迟的时间趋势以及售后服务业务的增长动力 [95][97] **Kim Ryan 和 Bob VanHimbergen 回答** 大型项目订单延迟时间有所延长,售后服务业务增长得益于公司主动服务和维护客户关系 [95][98][99][100][101][102][103]

HILLENBRAND Hillenbrand Call Participants Bob VanHimbergen SVP & CFO 2 Throughout this earnings presentation, we make a number of "forward-looking statements" that are within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, and that are intended to be covered by the safe harbor provided under these sections. As the words imply, these are statements about future sales ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended September 30, 2023 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ____ to _____ Commission File No. 001-33794 HILLENBRAND, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorp ...

Operator John Franzreb John Franzreb I'm just curious with backlog and your levels. What's the capacity utilization look like across the business profile? Are there any bottlenecks anywhere? And how are you addressing that? Yes. I think you're definitely going to see people trying to press on pricing terms and those types of things in order to get volume in the door. And so I think that's not unusual for us to see that. China is primarily a hot runner business for us as opposed to an injection molding busin ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2023 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____ to _____ Commission File Number. 001-33794 HILLENBRAND, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction o ...

I mean these were why these key markets were so important to us, not just because we had capabilities that could be extended into these markets, but because the markets themselves were attractive over the long term and had long-term secular investment and growth trends that we believe will be very advantageous for our capabilities to address them and for our shareholders to take advantage of these growing markets. Yes. I will let Bob address some of -- I'll just hit it at kind of high level. I think there h ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2023 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____ to _____ Commission File Number. 001-33794 HILLENBRAND, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction ...