Hillenbrand Unveils Pro Forma Results Post-Schenck Acquisition

Hillenbrand Inc (HI) has released an update.

Hillenbrand, Inc. has released financial details regarding its newly acquired Schenck Process Food and Performance Materials business. This information includes an unaudited pro forma condensed combined statement of operations for the year, which is intended to illustrate the hypothetical performance of the combined entities as if they had been united throughout the year. The report is provided for informational purposes and is not indicative of actual past performances or future outcomes of the merged company.

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For a comprehensive understanding of the announcement, you can read the full document here.