Hillenbrand (HI) is finally getting the break out it deserves. The funeral, turned industrial processing equipment company, posted fiscal 4Q 2013 numbers that revealed revenues were up 70% Y/Y. The surge in its stock price earlier this year was a result of not just the better than expected 4Q results, but the fact that Hillenbrand is becoming a growth story, and not just the solid cash flow generator that it was for several decades.
A Berkshire in the making?
Back in June, Dana Blankenhorn dubbed Hillenbrand as a potential mini-Berkshire with new CEO Joe Loughrey at the helm. Hillenbrand has rebranded itself from strictly a funeral products company in 2009, to an industrial company. Via acquisitions,...
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