More deaths bring greater profits to funerals group
An increase in the number of people dying helped improve profits at funeral homes operator Dignity.
The West Midlands-based company, which includes the Jennings and FW Collins chains of funeral directors in the Black Country, said the number of deaths in the UK increased by two per cent in the first six months of the year compared with the same period in 2016.
That helped to drive seven per cent increases in both revenue and underlying profits in the period, to £169.8 million and £59.5 million respectively.
It came as the group continued the acquisition spree that saw it snap up the running of Emstrey crematorium in Shrewsbury last year. It already runs crematoria in Birmingham and Wyre Forest at Stourport on Severn
