logo
Plus   Neg
Share
Email

Dignity Q3 Revenue Climbs; Expects To Outperform Current FY15 Market View

Dignity plc (DTY.L), a UK-based provider of funeral related services, reported Monday that its third-quarter revenue climbed 15.6 percent to 227 million pounds from last year's 196.4 million pounds.

Underlying operating profits increased 22 percent to 78.1 million pounds from 64.0 million pounds a year ago.

The number of deaths in the third quarter of the year was flat at 129,000.

Further, the company confirmed that its planning application for a crematorium in Derby has been successful. This location should start operating in 2017.

Given the continued high number of deaths relative to 2014, the company expects to outperform current market expectations in the full year 2015.

However, there remains a strong possibility that the number of deaths in 2016 may in turn be significantly lower and therefore the Group's expectations for 2016 and beyond remain unchanged.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Airbnb has introduced few new rules to control parties and nuisances amidst the backlash the service received after the Halloween shooting at an Airbnb rental in a San Francisco. San Francisco-based Airbnb said it is banning "open invite" parties at all of its accommodations. The company is also banning... The U.S. Food and Drug Administration has approved three generic versions of Novartis' Gilenya capsule for treating relapsing forms of multiple sclerosis. "Approving safe and effective generics so patients have more treatment options continues to be a priority for the FDA," said Janet Woodcock, director... Shares of Upscale furniture chain RH (RH) are on a tear, on the heels of an upbeat annual forecast. Today, the stock set a new all-time high of $239.88.The stock is up more than 20% from its Dec 3 opening price of $196.66, and currently trading at $237.8, and nearly three-times its 52-week low of $84.11....
RELATED NEWS
Follow RTT
>