Hillenbrand, Inc. (NYSE:HI) Q4 2023 Earnings Conference Call November 16, 2023 8:00 AM ET

Company Participants

Sam Mynsberge - Vice President, Investor Relations

Kim Ryan - President and Chief Executive Officer

Bob VanHimbergen - Senior Vice President and Chief Financial Officer

Conference Call Participants

Daniel Moore - CJS Securities

Matt Summerville - D.A. Davidson

John Franzreb - Sidoti & Company

Operator

Greetings and welcome to the Hillenbrand Fourth Quarter Fiscal Year 2023 Earnings Call. At this time all participants’ are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder this conference is being recorded.

I would now like to turn the call over to your host Sam Mynsberge, Vice President, Investor Relations for Hillenbrand. Thank you, you may begin.

Sam Mynsberge

Thank you, operator. Good morning, everyone. Welcome to Hillenbrand's fourth quarter and fiscal 2023 year-end earnings call. I'm joined by our President and CEO, Kim Ryan; and our Senior Vice President and CFO, Bob VanHimbergen. I'd like to direct your attention to the supplemental slides posted on our IR website that will be referenced on today's call.

Turning to slide three. A reminder that our comments may contain certain forward-looking statements that are subject to the safe harbor provisions of the securities laws. These statements are not guarantees of future performance and our actual results could differ materially. Also during the course of this call, we will be discussing certain non-GAAP operating performance measures, including organic comparisons for our segments, which exclude the impacts of acquisitions, divestitures and foreign currency exchange.

Additionally, as a reminder, the divested Batesville segment is classified as discontinued operations for all periods presented, and our commentary will be based on the performance of our continuing operations. I encourage you to review the appendix in slide three of the presentation as well as our 10-Q, which can be found on our website for a deeper discussion of non-GAAP information, forward-looking statements and the risk factors that could impact our actual results.

With that, I'll now turn the call over to Kim. Kim?

Kim Ryan

Thank you, Sam, and good morning, everyone. Thanks for joining us today as we review our fiscal 2023 and provide our outlook for fiscal year 2024.

I'd like to start by recognizing our associates for their resiliency and dedication throughout the year as we executed our strategy and significantly transformed Hillenbrand through the completion of three strategic acquisitions and the divestiture of our legacy death care segment. Their commitment and diligence made that transformation possible. These actions have strengthened the foundation for Hillenbrand's long-term success as a pure play global industrial company, now characterized by a portfolio of leading brands and highly engineered industrial processing technologies and solutions serving a variety of industries, including durable plastics, food, and recycling, which we believe are supported by long-term secular growth trends.