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    Southend-on-Sea revealed as most expensive area to die, study finds

    Southend-on-Sea revealed as most expensive area to die, study finds

    The Oaks Crematorium records its highest number of botanical species

    The Oaks Crematorium records its highest number of botanical species

    Aubrey Kirkham appoints third generation family member

    Aubrey Kirkham appoints third generation family member

    Co-operative Funeralcare launches Christmas initiative

    Co-operative Funeralcare launches Christmas initiative

    New online funeral planning service launches

    New online funeral planning service launches

    Avalon Funeral Plans launches  bespoke partnership programme

    World’s first human composting funeral home set to open in 2021

    Avalon Funeral Plans launches  bespoke partnership programme

    Avalon Funeral Plans launches bespoke partnership programme

    Goodwins Funeral Directors places application for new Gloucester branch

    Goodwins Funeral Directors places application for new Gloucester branch

    One in 10 Brits considering live-streaming their funeral, study finds

    One in 10 Brits considering live-streaming their funeral, study finds

    14 million Brits risk taking last requests to the grave

    14 million Brits risk taking last requests to the grave

    Avalon Funeral Plans announced as ‘Best Funeral Plan Provider’

    Avalon Funeral Plans announced as ‘Best Funeral Plan Provider’

    New Forest District Council awards J & L Sturney Funeral Directors gold

    New Forest District Council awards J & L Sturney Funeral Directors gold

    A Mongers Funeral Directors donates to local scout group

    A Mongers Funeral Directors donates to local scout group

    Benefit claimants to get more help with funeral costs

    Arranging a funeral takes over 52 hours, study suggests

    Norman McBriar & Son receives half-million-pound investment

    Norman McBriar & Son receives half-million-pound investment

  • EVENTS
    F.P Gaunt and Sons wins Family Business of the Year

    F.P Gaunt and Sons wins Family Business of the Year

    Champ Funeral Services wins twice at the Hyndburn Business Awards

    Champ Funeral Services wins twice at the Hyndburn Business Awards

    Co-op Funeralcare to hold afternoon tea for Brain Tumour Charity

    Co-op Funeralcare to hold afternoon tea for Brain Tumour Charity

    Council to host local bereavement support and advice event

    Council to host local bereavement support and advice event

    Kee Cup celebrates 25th year at Turnberry Resort

    Kee Cup celebrates 25th year at Turnberry Resort

    Natural Burial Company prepares for bereavement day

    Natural Burial Company prepares for bereavement day

    Down to Earth launches new ‘Social Fund Funeral Expenses Payment’ training

    Down to Earth launches new ‘Social Fund Funeral Expenses Payment’ training

    Dates announced for CBCE 2019

    Dates announced for CBCE 2019

    Undertakers to build pyramid with cremated remains for yearly ritual

    Undertakers to build pyramid with cremated remains for yearly ritual

  • FEATURES
    Are funeral plan allocations beneficial to the independent funeral sector?

    Are funeral plan allocations beneficial to the independent funeral sector?

    Cemeteries Around The World – Glasgow Necropolis

    Cemeteries Around The World – Glasgow Necropolis

    To plan or not to plan?

    To plan or not to plan?

    Supporting people with Dementia through bereavement

    Supporting people with Dementia through bereavement

    Industry viewpoint – Social Funeral Fund / Funeral Poverty

    Industry viewpoint – Social Funeral Fund / Funeral Poverty

    Cemeteries around the world –  Mount Pleasant Cemetery

    Cemeteries around the world – Mount Pleasant Cemetery

    Funeral Zone rebrands as Funeral Guide

    Regulatory scrutiny of the funeral market

    Is the future of grief, social?

    Is the future of grief, social?

    Digital Marketing: Is it Really Worth It?

    Digital Marketing: Is it Really Worth It?

  • PEOPLE
    One in 10 Brits considering live-streaming their funeral, study finds

    One in 10 Brits considering live-streaming their funeral, study finds

    Bob Tomes elected President of FFMA

    Bob Tomes elected President of FFMA

    Police investigate fraud allegations at Fife funeral directors

    Man arrested and charged with fraud offences at Fife funeral directors

    Henfield funeral director donates hair in support of cancer charity

    Henfield funeral director donates hair in support of cancer charity

    Benefit claimants to get more help with funeral costs

    Benefit claimants to get more help with funeral costs

    C.S Boswell’s funeral director recognised as Young Entrepreneur of the Year

    C.S Boswell’s funeral director recognised as Young Entrepreneur of the Year

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Home Latest News Current Affairs

Dignity ahead of Board’s expectations

Domonique Wilsher by Domonique Wilsher
July 27, 2016
in Current Affairs, Latest News
1 min read
Dignity ahead of Board’s expectations

Funeral service provider, Dignity, has had better results for the first half of 2016 than the Boards expected.

Underlying operating profits in the second quarter of 2016 are £0.6 million higher than the same period in 2015. Its full year expectations remain unchanged.

The number of abnormally large amount of deaths in 2015 has been credited for past success.

The Group continues to expect this unprecedented increase in deaths to reverse in 2016. Its current assumption remains that the number of deaths in 2016 will be broadly comparable to 2014.

Although as expected underlying operating performance in the first half of the year was lower than in 2015, underlying operating profit was approximately 22 percent higher than the same period in 2014 (when the Group reported £45.6 million) and underlying earnings per share was approximately 45 percent higher (when the Group reported 46.7 pence).

The Group has acquired six funeral locations for an aggregate investment of £5.4 million and has opened five satellite locations in the period to 24 June 2016.

Since this date, the Group has acquired one funeral location and opened three satellite locations.

In addition and as previously announced on 28 June 2016, the Group completed the acquisition of three freehold crematoria from Funeral Services Limited (trading as Co-op Funeralcare) as part of an agreement to acquire five locations from them for consideration of £43 million.

On 22 July 2016, the Group completed the acquisition of one of the two leasehold crematoria from Funeral Services Limited.

Mike McCollum, chief executive of Dignity plc commented: “The Group has performed well in the first half of 2016 and traded slightly ahead of our expectations. The Group’s expectations for the full year remain unchanged.”

TRENDING COMMENT

Are funeral plan allocations beneficial to the independent funeral sector?
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Are funeral plan allocations beneficial to the independent funeral sector?

by Barry Floyd
November 13, 2019
Cemeteries Around The World – Glasgow Necropolis
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Cemeteries Around The World – Glasgow Necropolis

by Jasdip Sensi
November 12, 2019

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LATEST NEWS

Southend-on-Sea revealed as most expensive area to die, study finds

Southend-on-Sea revealed as most expensive area to die, study finds

December 16, 2019
The Oaks Crematorium records its highest number of botanical species

The Oaks Crematorium records its highest number of botanical species

December 16, 2019
Aubrey Kirkham appoints third generation family member

Aubrey Kirkham appoints third generation family member

December 11, 2019
Co-operative Funeralcare launches Christmas initiative

Co-operative Funeralcare launches Christmas initiative

December 11, 2019
New online funeral planning service launches

New online funeral planning service launches

December 10, 2019 - Updated on December 11, 2019
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