Dignity PLC
Propel Funeral Partners of Australia and New Zealand announced last week, in this announcement, that they had raised $AU 50.2 million via a placement with institutional investors. They also announced that they are offering eligible existing shareholders the opportunity to purchase a total of up to $AU 10 million via a share purchase plan. Here’s…
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Great Britain’s largest purveyor of death care services, Dignity plc, reported their results for 2020 last week in a very comprehensive report. The results show increased revenues on more death calls, but because of choices made in taking financial impairments on goodwill and trade names it is difficult to get actual year over year comparables.…
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Dignity plc, the United Kingdom’s only publicly listed provider of funeral related services released its report on the first nine months of its 2020 business year earlier this week. You can read highlights of that report here in a short synopsis of such from Reuters. In essence, the number of deaths in Great Britain increased…
Read MoreYou have heard me say many times that small funeral home operators can learn a lot from watching what the public companies are doing in the business. I’m also of the opinion that those of us in North America can learn much from what our colleagues in Australia and Great Britain are doing. . . …
Read MoreIn today’s Afternoon Edition we will bring you a myriad of different news from different parts of the death care spectrum. We lead off with an article from the United Kingdom that highlights that country’s largest provider of funeral services and cremations, Dignity PLC. As you may know, the British Competition and Markets Authority (CMA)…
Read MoreAs we head not only into the weekend but into the month of August, we found lots of interesting stories for our readers. And, they are from all over the world. . .from preneed insurance in New Zealand, to public company finances in Great Britain, and back to the good old U.S.A. with stories ranging…
Read MoreAs we continue to move into the reports from Wall Street on how public companies have been doing for the first six months of 2019 we have a couple of items that we noticed in today’s news that we will present to you: Dignity PLC halts dividend: The British funeral home conglomerate announced on Wednesday…
Read MoreGreat Britain’s leading purveyor of death care services reported that for the first 13 weeks of 2019 that they have had fewer services and lower profits than the first quarter of 2018. In a statement very similar to first quarter United States public death care companies, Service Corporation International and Carriage Services, Dignity Plc said…
Read MoreIt was a different day and age 30-40 years ago when funeral directors and those in the funeral profession were sought out for their opinions on anything death care related. Opinions were given and communities and consumers accepted the educated opinions of the death care professionals. It may be that funeral directors and others in…
Read MoreIn a brief update that you can read here, the United Kingdom’s largest funeral services provider issued a statement that says they expect profits to be higher than expected for 2018 due to higher than expected revenue while overhead has been kept lower than expected. Dignity plc also stated that their market share had remained…
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