Everyone knows that next week’s figures from funeral parlour and crematoria owner Dignity will not be pretty, but the longer-term outlook is not good, either. A low rating is not an attraction for this business because there are long-term uncertainties.
Dignity is reporting its 2018 results on Wednesday 13 March and a trading statement has already flagged that underlying pre-tax profit is expected to decline from £77.8m to £53m.
Broker Peel Hunt expects profit to continue to fall for the next two years. The problem is a mixture of market dynamics and a CMA review.
Death rates
Decli...
