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United Kingdom

Dignity PLC (DTY.L)

DTY.L on London Stock Exchange

690.00GBp
14 Dec 2018
Change (% chg)

15.00 (+2.22%)
Prev Close
675.00
Open
673.50
Day's High
698.50
Day's Low
662.50
Volume
354,937
Avg. Vol
262,664
52-wk High
1,943.00
52-wk Low
662.10

Latest Key Developments (Source: Significant Developments)

Dignity Is Considering CMA Recommendations, Notes Key Findings
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Dignity PLC ::DIGNITY PLC - STATEMENT RE: CMA REVIEW.DIGNITY PLC - CONSIDERING RECOMMENDATIONS IN DETAIL AND NOTES KEY CMA FINDINGS.DIGNITY PLC - HAS ENGAGED CONSTRUCTIVELY WITH CMA SINCE MARKET STUDY WAS ANNOUNCED IN JUNE 2018.DIGNITY PLC - DIGNITY 'STRONGLY SUPPORTS OPPORTUNITY TO IMPROVE STANDARDS WITHIN SECTOR AND MEET EXPECTATIONS OF CONSUMERS".DIGNITY PLC SAYS "BELIEVES THERE IS NEED FOR GREATER TRANSPARENCY ON PRICING, MORE CONSUMER CHOICE AND HIGH LEVELS OF QUALITY ACROSS SECTOR".DIGNITY PLC - COMMITTED TO MAKING FUNERAL PRICES FOR ALL ITS BRANCHES ACROSS UK AVAILABLE ONLINE BY END OF Q1 2019..DIGNITY PLC - GROUP HAS ALREADY BEEN MAKING CONSIDERABLE STEPS TO PROVIDE A WIDER RANGE OF CHOICE FOR ITS CUSTOMERS.DIGNITY PLC - COMMITTED TO UNBUNDLE PRICE STRUCTURE OF FUNERAL BUSINESS TO CREATE "MORE COMPELLING PROPOSITION & GREATER FLEXIBILITY" FOR CLIENTS.DIGNITY PLC - WOULD WELCOME REGULATION WHICH SETS OUT MINIMUM STANDARDS FOR CORE ACTIVITIES SUCH AS CARE OF DECEASED, MINIMUM STANDARDS OF FACILITIES.  Full Article

Dignity Qtrly Operating Profit Down About 38.7 Pct
Monday, 12 Nov 2018 

Nov 12 (Reuters) - Dignity PLC ::THIRD QUARTER TRADING UPDATE.CONTINUES TO PERFORM IN LINE WITH CURRENT MARKET EXPECTATIONS FOR YEAR ENDED 28 DECEMBER 2018..QTRLY REVENUE £244.2 MILLION VERSUS £243.9 MILLION.THIRD QUARTER OPERATING PROFITS OF £12.2 MILLION, COMPARED TO £19.9 MILLION IN THE SAME PERIOD IN 2017.NUMBER OF DEATHS IN THE YEAR TO DATE INCREASED THREE PER CENT TO 455,000.THIRD QUARTER, AS EXPECTED, SAW THE NUMBER OF DEATHS BROADLY FLAT YOY; CONTINUE TO ANTICIPATE 600,000 DEATHS IN 2018.PERFORMED 55,700 FUNERALS IN THE FIRST 39 WEEKS OF YEAR (2017: 52,100), REPRESENTING A MARKET SHARE OF 12.1 PER CENT (2017: 11.7%).EARLY FOCUS IN TRANSFORMATION PLAN BEEN FINALISING SMALLER NUMBER OF LARGER BRANCH NETWORKS IN ADVANCE OF TESTING OF NEW OPERATING MODEL.  Full Article

Prudential Takes 5.01 Pct Stake In Dignity
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Dignity PLC ::PRUDENTIAL PLC TAKES 5.01 PERCENT STAKE IN DIGNITY PLC - FILING.  Full Article

Dignity Says Transformation Plan For Funeral Operations In Place
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Dignity PLC ::HY REVENUE OF 174.7 MILLION POUNDS VERSUS 169.8 MILLION POUNDS AS REPORTED LAST YEAR.INTERIM DIVIDEND 8.64 PENCEPER SHARE.IN HY, NUMBER OF DEATHS 324,000 VERSUS 308,000.HY PRETAX PROFIT OF 38.5 MILLION POUNDS VERSUS 45.3 MILLION POUNDS AS REPORTED LAST YEAR.PROPOSES TO PAY AN UNCHANGED INTERIM DIVIDEND OF 8.64 PENCE PER ORDINARY SHARE ON 26 OCTOBER 2018.2019 IS LIKELY TO SEE UNDERLYING PROFITABILITY LOWER THAN 2018, BUT IN LINE WITH CURRENT MARKET EXPECTATIONS.BOARD'S EXPECTATIONS FOR 2018 REMAIN AS UPGRADED IN MAY 2018.EMBARKING ON A WIDE-RANGING TRANSFORMATION PLAN, BACKED BY A MAJOR INVESTMENT PROGRAMME.‍THREE YEAR TRANSFORMATION PLAN FOR FUNERAL OPERATIONS NOW DETERMINED​.  Full Article

UK's CMA Launches Review Into £2 Bln Funerals Market To Ensure People Are Not Getting Bad Deals
Friday, 1 Jun 2018 

June 1 (Reuters) - UK's CMA::CMA IS LAUNCHING A REVIEW INTO THE £2 BILLION FUNERALS MARKET TO ENSURE THAT PEOPLE ARE NOT GETTING A BAD DEAL.MARKET STUDY WILL EXAMINE WHETHER INFORMATION PROVIDED BY FUNERAL DIRECTORS ON PRICES AND SERVICES CLEAR ENOUGH FOR PEOPLE.IN PARALLEL TO THE CMA’S MARKET STUDY, HM TREASURY IS LAUNCHING A SEPARATE CALL FOR EVIDENCE ON REGULATION IN THE PRE-PAID FUNERALS SECTOR.CMA DOES NOT INTEND TO EXAMINE THE PRE-PAID SECTOR WITHIN ITS MARKET STUDY.THE RISING LEVEL OF CREMATION FEES WILL BE CONSIDERED AS PART OF THE REVIEW, WITH CREMATIONS NOW ESTIMATED TO ACCOUNT FOR AROUND 75% OF ALL FUNERALS.  Full Article

Dignity Says Revenue For 13 Week Ended March 95.1 Million Stg
Monday, 14 May 2018 

May 14 (Reuters) - Dignity PLC ::REVENUE FOR 13 WEEK PERIOD ENDED 30 MARCH 2018 95.1 MILLION STG VERSUS 93.3 MILLION STG.SAYS BOARD CONTINUES TO BELIEVE THAT TRADING DURING 2018 WILL BE VOLATILE.UNDERLYING OPERATING PROFIT FOR 13 WEEK ENDED 30 MARCH 37.5 MILLION STG VERSUS 37.4 MILLION STG.NUMBER OF DEATHS FOR 13 WEEK ENDED 30 MARCH 181,000 VERSUS 167,000.  Full Article

Dignity Says FY Results Will Be Ahead Of Current Market Expectations
Wednesday, 18 Apr 2018 

April 18 (Reuters) - Dignity PLC ::EXPECTED TRADING IN 2018 TO BE VOLATILE AS RELATIONSHIP BETWEEN FUNERAL PRICE, SERVICE AND VOLUME WOULD TAKE TIME TO SETTLE DOWN.BOARD STILL BELIEVES IT IS TOO EARLY TO CONCLUDE Q1 TRADING EXPERIENCED IS INDICATIVE OF LIKELY FUNERAL PRICE / VOLUME MIX GOING FORWARD.SAYS BASED ON Q1 RESULTS BELIEVE THAT RESULTS FOR FULL YEAR WILL BE AHEAD OF CURRENT MARKET EXPECTATIONS.Q1 REVENUE WAS APPROXIMATELY £95 MILLION COMPARED TO £93 MILLION IN PRIOR YEAR.Q1 EBIT WAS APPROXIMATELY £37.5 MILLION IN LINE WITH PRIOR YEAR.RESULTS FOR FULL YEAR WILL BE AHEAD OF CURRENT MARKET EXPECTATIONS.  Full Article

Dignity Total Says FY Underlying EPS Up 7 Pct To 128.3 Pence
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Dignity Plc ::FINAL DIVIDEND 15.74 PENCEPER SHARE.TOTAL DIVIDEND 24.38 PENCEPER SHARE.FY UNDERLYING EPS ROSE 7 PERCENT TO 128.3 PENCE.‍BOARD EXPECTS SUBSTANTIALLY LOWER PROFITS IN 2018​.FY REVENUE OF 324 MILLION STG VERSUS 313.6 MILLION STG YEAR AGO.FY PROFIT BEFORE TAX OF 71.2 MILLION STG VERSUS 71.2 MILLION STG YEAR AGO.  Full Article

Dignity Expects ‍Substantially Lower Profits In 2018​
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Dignity Plc ::‍CONFIRMS THAT ITS RESULTS FOR PERIOD ENDED 29 DECEMBER 2017 WILL BE IN LINE WITH MARKET EXPECTATIONS​.‍BOARD TAKING DECISIVE ACTION ON FUNERAL PRICING STRATEGY.‍BOARD BELIEVES THAT RESULTS FOR PERIOD ENDING 28 DECEMBER 2018 WILL BE SUBSTANTIALLY BELOW MARKET'S CURRENT EXPECTATIONS​.‍GROUP'S SIMPLE FUNERAL TO BE REDUCED BY AVERAGE OF ABOUT 25 PERCENT; WILL ALSO BE PRICE FREEZE FOR TRADITIONAL FUNERALS IN MAJORITY OF LOCATIONS​.SEES ‍SUBSTANTIALLY LOWER PROFITS IN 2018​.  Full Article

Dignity says Q3 ‍underlying operating profit of 79.4 mln euros
Monday, 13 Nov 2017 

Nov 13 (Reuters) - DIGNITY PLC ::Q3 ‍REVENUE 243.9 MILLION EUROS VERSUS 229.3 MILLION EUROS​.Q3 ‍UNDERLYING OPERATING PROFIT 79.4 MILLION EUROS VERSUS 75.8 MILLION EUROS​.  Full Article

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British funeral industry faces investigation into 'exploitative' prices

Britain's funerals industry could face formal investigation after the UK competition watchdog found that high prices were taking advantage of grieving families.