Although the death rate is normalising, funeral parlour and crematoria owner Dignity (LON:DTY) is still underperforming. There is no longer a dividend to help put a floor under the share price.
Admittedly, the full year pre-tax profit forecast has not been changed from £41m following the third quarter trading update, but there is no perceptible improvement in the outlook.
Like-for-like market share fell from 12% to 11.8%. It appears that the decline in market share may have been stopped, but there is no sign of an upturn. Average selling price was £2,944, which was slightly higher than i...
