Funeral plans boost Dignity

Dignity, the UK’s only listed funeral firm, posted an 11 per cent increase in underlying full-year pre-tax profit to £40.4m yesterday, citing a strong trading performance, and said it was confident of its 2011 prospects. Revenues rose eight per cent to £199.1m during 2010, helping to fund a 10 per cent final dividend hike to 8.88p per share. The company said pre-arranged funeral plans are selling strongly, with 238,000 people buying plans last year.