Title: 70% of Hillenbrand 2018 revenue was from process equipment

Fiscal year 2018 marked Hillenbrand’s 10th full year as a public company. Joe Raver, CEO told investors, "We’re on a journey to transform Hillenbrand into a world-class global diversified industrial company and we look very different today in comparison to where we started in 2008. Our Process Equipment Group businesses accounted for nearly 70% of Hillenbrand’s revenue this year and more than 60% of the segment’s revenue was generated outside of North America. We have a robust operating model that we’ve improved over time, aimed at driving consistent, repeatable, sustainable results to make Hillenbrand stronger and more profitable. We are pleased with the progress we have made, but we are not satisfied. We recognize that we have a long way to go to become world-class. We are now focused on building business platforms with leading positions and scale benefits.

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