Dignity has just published its results for the 52 week period ending 25 December 2015. You can study them here.
Headline figures for readers of this blog are:
Profit per funeral: £1045 – a margin of almost 42%. This was in spite of the fact that: “Approximately 24 per cent of the funerals performed in the year (2014: 23 per cent) had previously been prearranged. This proportion is anticipated to continue to increase over time. Whilst these funerals represent substantially lower average revenue per funeral, their incremental nature means they are a positive contributor to the Group’s performance.”
Profit per cremation: £600 – a margin of nearly 63%
Our thanks to our number-cruncher for doing the math. The figures above are calculated by dividing underlying operating profit by the number of funerals/cremations carried out. The GFG team congratulates Dignity plc on what appears to be another robust performance.