Batesville Casket CEO says The Lower Cost Funeral Is the Future

In a recent Statement Batesville Casket Company said that the Lower Cost Funeral will be the future for everyone. This is an incredible statement for the leading casket maker in the Traditional Funeral Industry to make.

“In addition to a lower number of deaths, we believe the year-over-year rise in the cremation rates for the quarter was higher than it has been historically. As we’ve discussed in previous calls, the economic crisis led consumers to seek lower cost funeral alternatives which in turn caused the growth in the cremation rate to spike in the second and third quarters of 2009. We’ve seen it moderate somewhat over the past two quarters but it still remains above the historical increases of approximately 120 basis points. Looking ahead, we believe the cremation rate will continue to normalize but the fact is over time, cremations will continue to grow to replace burials.via seekingalpha.com”

Funeral Industry|Funeral Blog by Your Funeral Guy


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