Wednesday’s AGM will see the launch of the new strategic plan for funerals and crematoria operator Dignity (LON: DTY). Management needs to indicate how it is going to tackle the debt pile and how the business is going to move ahead.
The current share price is 620p, which is more than double the level it was 12 months ago, but still much less than one-quarter of the peak. The board was overhauled earlier this year.
The higher level of deaths due to Covid-19 has provided a boost to business, but volumes will decline. There are also regulatory changes hanging over the business.
Net debt...
