Increasing death rate helps funeral director Dignity achieve strong Q1
A higher number of deaths in the first quarter of the year, together with strong sales of its pre-paid funeral plans have helped to boost revenue and profits for listed funeral directors, Dignity.
The Sutton Coldfield group saw Q1 revenue increase 15% to £93.3m (Q1 2016: £81.2m), while underlying operating profits rose 20% to £37.4m (Q1 2016: £31.1m).
Deaths during the period rose 7% to 167,000 (Q1 2016: 156.000).
The group said the increasing number of deaths had been foreseen but data from previous years indicated that ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
