Dignity expansion boosts profits

Dignity’s underlying operating profit rose for the nine months ended on 30 September, helped by an increase in the number of funeral and crematoria locations, and maintained a positive outlook for the rest of the year. The company said pre-arranged funeral plan sales were strong and that trading since 30 September was in line with expectations. With the full-year expectations for the year remaining unchanged, Dignity, the UK's only listed funeral services provider, added three funeral and seven satellite locations since 27 July. January-September underlying operating profit was £48.4m, compared with £45m last year. Sales for the period rose 7.3 per cent to £155.8m.