Core Viewpoint - Hillenbrand, Inc. has been recognized by Newsweek as one of America's Most Responsible Companies for the second consecutive year, highlighting its commitment to governance and sustainability practices [1][5]. Group 1: Recognition and Awards - Hillenbrand has been named one of America's Most Responsible Companies in 2026, marking the second year in a row for this recognition [1][5]. - The selection process for the award involved assessing companies across 14 industries based on over 30 key performance indicators, including energy usage and safety performance [2]. Group 2: Company Commitment - Kim Ryan, President and CEO of Hillenbrand, emphasized that this recognition reflects the dedication of the company's associates and their commitment to sustainable and responsible business practices [3]. - The company aims to make a meaningful difference through its initiatives, which positively impact stakeholders [3]. Group 3: Company Overview - Hillenbrand is a global industrial company providing highly-engineered processing equipment and solutions to customers in over 100 countries [4]. - The company's portfolio includes leading industrial brands serving large markets such as durable plastics, food, and recycling [4].

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Core Viewpoint - Hillenbrand, Inc. has declared a quarterly cash dividend of $0.2275 per share, payable on December 31, 2025, to shareholders of record as of December 16, 2025 [1] Company Overview - Hillenbrand, Inc. is a global industrial company providing highly-engineered, mission-critical processing equipment and solutions to customers in over 100 countries [1] - The company's portfolio includes leading industrial brands that serve large end markets such as durable plastics, food, and recycling [1] - Hillenbrand is guided by its purpose to "Shape What Matters For Tomorrow," focusing on excellence, collaboration, and innovation [1]

Core Viewpoint - Highland Copper Company has signed a binding offer for the sale of its 34% interest in the White Pine North Project for approximately US$30 million, marking a significant step in optimizing its corporate strategy and financial position [1][2]. Financial Implications - The total consideration for the sale includes US$18.3 million in cash, net of outstanding principal and accrued interest on a loan from Kinterra, which is expected to be around US$11.7 million at closing [3]. - The proceeds from the sale will be used to fund corporate activities and the Copperwood Project, eliminate existing debt, and streamline the corporate structure [2][8]. Strategic Benefits - The divestiture is expected to provide immediate, non-dilutive funding, allowing the company to focus on advancing its flagship Copperwood Project towards a construction decision [4][8]. - The transaction will enhance the company's balance sheet by eliminating existing debt, improving financial flexibility, and reducing future interest obligations [8]. - The sale simplifies the corporate structure, enabling management to concentrate on the Copperwood Project [8]. Transaction Details - The parties aim to complete the transaction by the end of the year, subject to negotiation of definitive agreements, customary closing conditions, and regulatory approvals [4]. - Moelis & Company LLC acted as the exclusive financial advisor, while McMillan LLP served as the legal advisor for the transaction [5].

Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of Hillenbrand, Inc. to an affiliate of Lone Star Funds for $32.00 per share in cash, focusing on the rights and options available to Hillenbrand shareholders [1][2]. Group 1: Investigation Details - The investigation examines whether Hillenbrand and its board violated federal securities laws and fiduciary duties by not securing the best possible consideration for shareholders [2]. - Concerns include whether Lone Star is underpaying for Hillenbrand and if all material information necessary for shareholders to assess the merger consideration was disclosed [2]. Group 2: Potential Actions - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other forms of relief related to the proposed transaction [3]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [3]. Group 3: Firm Background - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having recovered millions for defrauded investors [4].

Merger and Acquisition Activities - For the fiscal year ended September 30, 2025, the company reported a merger agreement with Lone Star Fund XII, L.P., where each share of common stock will be converted into $32.00 in cash[221]. - The company incurred transaction expenses of $3.3 million related to the merger for the year ended September 30, 2025, recorded in selling, general and administrative expenses[222]. - The company completed the divestiture of its majority interest in Milacron for total consideration of $286.0 million, resulting in a pre-tax loss of $57.2 million[252][254]. - The company recorded a pre-tax gain of $68.1 million from the divestiture of its 46% interest in TerraSource to Astec Industries[255]. - Business acquisition costs were $1.3 million in 2025 and $0.2 million in 2024, divestiture costs were $8.9 million in 2025 and $0.4 million in 2024, and integration costs were $54.9 million in 2025 compared to $71.6 million in 2024[299]. Financial Performance - Net revenue for the year ended September 30, 2025, decreased by $509.0 million (16%) compared to the previous year[257]. - Gross profit for the same period decreased by $155.7 million (15%), but the gross profit margin improved by 50 basis points to 33.7%[258]. - Consolidated net income for fiscal 2025 increased by $254.1 million (126%) to $52.1 million, attributed to a decrease in non-cash impairment charges and favorable pricing[291]. - Consolidated adjusted EBITDA for fiscal 2025 decreased by $123.7 million (24%) to $388.0 million, primarily due to lower volume in the Advanced Process Solutions segment[292]. - Net revenue for Advanced Process Solutions decreased by $218.6 million (10%) to $2,069.4 million in fiscal 2025, primarily due to lower capital equipment sales volume and aftermarket parts revenue[268]. - Net revenue for Molding Technology Solutions decreased by $290.4 million (32%) to $604.4 million, primarily due to the divestiture of Milacron[276]. - Net revenue for the year ended September 30, 2025, was $369.8 million, a decrease of 53% compared to $784.3 million for the year ended September 30, 2024[320]. - Gross profit for the year ended September 30, 2025, was $126.7 million, down 41.2% from $215.2 million in the previous year[320]. Operational Metrics - Backlog is a significant operational measure, representing expected net revenue from awarded contracts, with fulfillment timelines ranging from days to 24 months depending on the project size[218][219]. - The company expects future net revenue to be influenced by order backlog, which does not include projects shipped within the same quarter[216]. - The company’s contracts may include provisions for cancellation or termination at the discretion of the customer, impacting backlog and revenue recognition[219]. - Order backlog for Advanced Process Solutions decreased by $159.0 million (9%) from $1,681.4 million at September 30, 2024, to $1,522.4 million at September 30, 2025, driven by a decrease in capital equipment orders[269]. - Order backlog for Molding Technology Solutions decreased by $179.3 million (78%) to $51.8 million, primarily due to the Milacron divestiture[277]. Impairment and Goodwill - The company’s goodwill and indefinite-lived intangible assets are tested for impairment at least annually, with significant judgments involved in the assessment[231][239]. - The company recorded a goodwill impairment charge of $82.3 million for the Molding Technology Solutions segment as of July 1, 2025, due to carrying values exceeding fair values[244]. - The estimated fair value for the three reporting units within the Advanced Process Solutions segment was determined to be 12% to 96% greater than their carrying values[243]. - Impairment charges for the year were $83.5 million, down from $265.0 million in the previous year[262]. Expenses and Cash Flow - Selling, general and administrative expenses decreased by $63.6 million (9%), but as a percentage of net revenue, they increased by 210 basis points to 24.3%[261]. - Selling, general and administrative expenses for Advanced Process Solutions decreased by $17.7 million (4%) to $433.4 million, with expenses as a percentage of net revenue increasing to 20.9%[272]. - Corporate expenses increased by $1.9 million (2%) to $89.3 million, with corporate expenses as a percentage of net revenue rising to 3.3%, an increase of 60 basis points[287]. - Operating cash flows from continuing operations decreased by $135.1 million (71%) from $191.3 million in 2024 to $56.2 million in 2025, primarily due to lower earnings and unfavorable working capital timing[310]. - Cash used in financing activities was $279.4 million in 2025, mainly for debt repayments and dividends, compared to $227.1 million in 2024[313]. Tax and Pension - The effective tax rate for fiscal 2025 was 2,270.8%, a significant increase from (46.5)% in fiscal 2024, primarily due to non-recurring tax benefits and restructuring activities[266]. - The pension settlement gain in 2025 was attributed to one-time premium refunds from the termination of the U.S. pension plan, while charges in 2024 were due to lump-sum payments to former employees[299]. - The anticipated contribution to defined benefit pension plans in 2026 is $10.1 million, with ongoing monitoring of funding levels and asset performance[302]. Debt and Liquidity - The company has a $700 million revolving credit facility and a $175 million term loan, with the maturity date extended to July 9, 2030[306]. - Total contractual obligations as of September 30, 2025, amounted to $633.3 million, with significant future cash outlays expected[317]. - The company reported a net cash flow of $(36.5) million in 2025, compared to $(22.3) million in 2024, reflecting challenges in cash generation[309]. - The company repurchased 4,143,000 shares for approximately $175.0 million under the share repurchase program, with $125.0 million remaining for future repurchases as of September 30, 2025[301]. Market and Currency Risks - The company calculates foreign currency impact on net revenue and other financial metrics to measure comparability between periods[217]. - A hypothetical 10% movement in end-of-period market rates would change the fair value of derivative instruments by $8.1 million as of September 30, 2025[328]. - The translation of financial statements from non-U.S. operations could result in a change in shareholders' equity of $131.5 million due to a 10% change in foreign exchange rates as of September 30, 2025[329]. - Variable rate debt obligations amounted to $681.3 million as of September 30, 2025, with a potential annual interest expense change of approximately $6.8 million for a 1% interest rate change[327]. - Current global supply chain disruptions may impact gross margins if commodity prices increase and firm pricing cannot be secured from suppliers[326].

Financial Performance - Q4 net revenue was $652 million, a decrease of 22% year-over-year; pro forma net revenue decreased 5%[7] - FY 2025 net revenue totaled $2.67 billion, down 16% compared to the prior year; pro forma net revenue decreased 9%[20] - Q4 GAAP EPS increased to $1.07 from $0.17 in the prior year; adjusted EPS decreased 18% to $0.83[7] - FY 2025 GAAP EPS was $0.61, up from a loss of $(3.03) in the prior year; adjusted EPS decreased 25% to $2.49[20] - Adjusted EBITDA for FY 2025 was $388 million, a decrease of 24% year-over-year; pro forma adjusted EBITDA decreased 19%[24] - The company experienced a gross profit of $226.8 million, down 21.4% from $288.4 million year-over-year[39] - Consolidated net income for the year ended September 30, 2025, was $52.1 million, a significant recovery from a net loss of $202.0 million in the previous year[45] Cash Flow and Debt - Cash flows from operating activities in FY 2025 were $56 million, a decrease of $135 million year-over-year[25] - Hillenbrand's cash flows from operating activities from continuing operations were $56.2 million for the year ended September 30, 2025, a significant decrease from $191.3 million in 2024[40] - Cash, cash equivalents, and restricted cash decreased to $191.4 million at the end of the period from $227.9 million at the beginning of the period[40] - As of September 30, 2025, net debt was $1.36 billion, with a net debt to pro forma adjusted EBITDA ratio of 3.7x[26] - Total debt as of September 30, 2025, was $1,524.8 million, with a net debt of $1,360.0 million after accounting for cash and cash equivalents of $164.8 million[47] - The ratio of net debt to adjusted EBITDA for the trailing twelve months ended September 30, 2025, was 3.7[47] Backlog and Future Revenue - The company has a backlog of $1.52 billion, which decreased 10% year-over-year[16] - The total backlog represents expected net revenue from awarded contracts, with the majority expected to be fulfilled within the next twelve months[35] - The company anticipates that future net revenue will be influenced by order backlog due to lead times in fulfilling engineered-to-order equipment[37] - The backlog for Advanced Process Solutions as of September 30, 2025, was $1,522.4 million, down from $1,681.4 million in the previous year[47] - The company anticipates future sales and earnings growth, contingent on successful execution of its strategic initiatives, including the proposed merger with Lone Star[48] Impairment and Charges - The company recorded impairment charges of $83.5 million in the three months ended September 30, 2025, compared to no impairment charges in the same period of 2024[41] Market and Operational Risks - Risks associated with the Merger include potential delays in regulatory approvals and the possibility of incurring significant transaction costs[50] - The company faces competition in its industries, which may impact pricing and market share[50] - Hillenbrand's financial performance may be affected by global market conditions, including volatility in interest and exchange rates[50] - There are uncertainties related to environmental regulations and the physical risks of climate change that could impact operations[50] - Labor shortages and increasing competition for skilled workers are challenges that Hillenbrand is currently facing[50] - The company is subject to risks from foreign currency fluctuations and potential labor disruptions[50] - Hillenbrand's effective tax rate may be influenced by changes in tax laws and the mix of earnings[50] Strategic Initiatives and Acquisitions - Hillenbrand is set to be acquired by Lone Star Funds for an enterprise value of approximately $3.8 billion, with shareholders receiving $32.00 per share[5] - The company has made acquisitions, such as the Schenck Process Food and Performance Materials business, which may influence its financial condition and operational results[50] Operational Overview - Hillenbrand operates in over 100 countries, providing mission-critical processing equipment and solutions across durable plastics, food, and recycling markets[52] - The company is focused on pursuing excellence, collaboration, and innovation to shape solutions for its stakeholders[52] Segment Performance - Advanced Process Solutions adjusted EBITDA for Q3 2025 was $103.8 million, down from $117.1 million in Q3 2024, representing a decrease of 11.3%[43] - Molding Technology Solutions adjusted EBITDA for Q3 2025 was $21.1 million, a decline of 49.8% compared to $42.0 million in Q3 2024[45] - Advanced Process Solutions net revenue for Q3 2025 was $557.3 million, down from $591.1 million in Q3 2024, reflecting a decrease of 5.7%[46] - Molding Technology Solutions net revenue for Q3 2025 was $94.8 million, a decrease of 61.6% from $246.5 million in Q3 2024[46] - Consolidated pro forma net revenue for the year ended September 30, 2025, was $2,428.3 million, down from $2,656.7 million in 2024, indicating a decline of 8.6%[46]

Core Insights - Hillenbrand, Inc. reported a significant transformation into a pure-play global industrial company, with a pending acquisition by Lone Star Funds valued at approximately $3.8 billion, offering shareholders $32.00 per share in cash [2][4]. Financial Performance - For Q4 2025, net revenue was $652.1 million, a decrease of 22% year-over-year, primarily due to the divestiture of the Milacron injection molding and extrusion business [4][12]. - GAAP net income for Q4 was $75.7 million, or $1.07 per share, a substantial increase from $0.17 per share in the prior year, driven by lower income taxes and gains from the sale of a minority stake in TerraSource Holdings [5][12]. - Adjusted EBITDA for Q4 was $107.9 million, down 25% year-over-year, reflecting the impact of the MIME divestiture and lower volumes [8][12]. - Full fiscal year 2025 net revenue was $2.67 billion, a decrease of 16% compared to the previous year, with pro forma net revenue down 9% [15][16]. Segment Performance - Advanced Process Solutions (APS) reported Q4 net revenue of $557.3 million, a 6% decrease year-over-year, while adjusted EBITDA was $103.8 million, down 11% [9][10]. - Molding Technology Solutions (MTS) experienced a 62% decline in Q4 net revenue to $94.8 million, with adjusted EBITDA decreasing by 50% [13][14]. Cash Flow and Balance Sheet - Cash flows from operating activities for the year were $56 million, a decrease of $135 million year-over-year, attributed to lower earnings and unfavorable working capital timing [19]. - As of September 30, 2025, net debt stood at $1.36 billion, with a net debt to pro forma adjusted EBITDA ratio of 3.7x [20]. Tax and Effective Rates - The adjusted effective tax rate for Q4 was 23%, a decrease of 440 basis points from the prior year, mainly due to the completion of a review of eligible foreign tax credits [7][17].

Core Viewpoint - Class Action Attorney Juan Monteverde and his firm, Monteverde & Associates PC, are investigating Hillenbrand, Inc. regarding its proposed sale to an affiliate of Lone Star Funds, where shareholders are set to receive $32.00 in cash per share, raising questions about the fairness of the deal [1]. Group 1 - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report and has successfully recovered millions for shareholders [1]. - The firm is headquartered in the Empire State Building, New York City, and specializes in class action securities litigation [2]. - The investigation into Hillenbrand, Inc. is part of the firm's broader efforts to ensure shareholder rights are protected during significant corporate transactions [1][2].

Group 1 - The proposed sale of Hillenbrand, Inc. to an affiliate of Lone Star Funds involves shareholders receiving $32.00 in cash for each share they own [1] - Kahn Swick & Foti, LLC is investigating the transaction to determine the fairness of the consideration and the process leading to it [1]