Dignity

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Dignity unveils turnaround plan as profits hit by falling death rate – Independent

Post author By EvidenceNotFear
Post date 23 June 2021

Funeral firm Dignity said profits have fallen amid a marked drop in UK deaths since April as the group’s new boss outlined his turnaround plans.

The group said that following a 27% surge in first quarter deaths to 204,000 during a Covid-hit start to the year, the number of deaths fell below the five-year average in April and May and were 7% lower.

This has left underlying operating profits “slightly” lower year-on-year at £30.7 million for the 21 weeks to May 21, according to Dignity.

https://www.independent.co.uk/business/dignity-unveils-turnaround-plan-as-profits-hit-by-falling-death-rate-b1871236.html

Tags Competition and Markets Authority, COVID-19, Death Registration, Dignity, Economy, Funerals, Independent, Mortality Rate, Profits, The Financial Conduct Authority