"The Health Segment brought in $31.3M of total revenue of $328.9M. Next to nothing overall."
The Health Segment also contributed over 10% of Hills EBITDA, which for a struggling enterprise like Hills cannot be called "next to nothing"
To divest of a division that has featured so strongly in the talking up of their future growth plans does strike me as a little odd. Leading me to think there is more to the story than we know?
HIL Price at posting:
44.0¢ Sentiment: Sell Disclosure: Not Held