Nov 14, 2024 / 01:00PM GMT
Kimberly Ryan-Dennis - Hillenbrand Inc - President, Chief Executive Officer, Director
Finally, a key focus area. This year has been the continued execution of our integration program which progressed well throughout the year, we are pleased by the enhancements we've made across the combined food health and nutrition portfolio, including alignment of go to market strategies, standardization of pricing practices and approved operational efficiencies as exemplified by the strong margin performance we've delivered in this part of the business, we remain on track to achieve our $30 million run rate cost savings. And with significant portion of that already realized, we have additional opportunities still ahead of us.
A lower backlog coming into the year is expected to be a headwind in 2025. We continue to focus on accelerating initiatives around cost structure optimization, strategic pricing and targeted commercial opportunities. We remain very confident in the strategic fit of these assets as we leverage our systems expertise, global footprint and operating model capabilities across
Q4 2024 Hillenbrand Inc Earnings Call Transcript
Nov 14, 2024
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