‘Resilient’ performance in year when worst was feared
Pre-tax profits were down more than 40% at funerals provider Dignity, but the group was still able to claim it outperformed market expectations in a "challenging and transitional year".
The market faced disruption and discounting during 2018, which had forced the Sutton Coldfield-based group to issue a stark profit warning a year ago that halved its share price.
Its shares are still trading close to a six-year low, but the group's management believe its 2018 results show a much more robust company.
Chairman Peter Hindley, who... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
