Dignity awaits CMA decision

dignity

Funeral parlour and crematoria owner Dignity (LON: DTY) has done relatively well this year in share price terms, but that is due to the declines in the past. The share price fell by one-quarter over the past 12 months and it has slumped by three-quarters over three years. The 2019 figures are due to be published on Wednesday and a further drop in profit is expected.

Fewer deaths and price competitions have hit performance. There remains the spectre of the final Competition and Markets Authority (CMA) report and that could make things even tougher.

A 2019 pre-tax profit of around £40m, do...

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Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.