Funeral director Dignity (LON: DTY) has rejected bid offers from a consortium involving major shareholder Phoenix Asset Management, but the latest offer could be acceptable. The initial offer of 475p a share in cash was rejected, and this was followed by offers of 500p a share and 510p a share. These were all rejected and a […]

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The new management team has outlined its strategy for Dignity (LON: DTY) at the funerals and crematoria operator’s AGM. Selling a stake in the crematoria business is mentioned, but it is not the focus of the new strategy. Management says that Dignity needs to remain vertically integrated. The argument is that the previous management policy […]

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Wednesday’s AGM will see the launch of the new strategic plan for funerals and crematoria operator Dignity (LON: DTY). Management needs to indicate how it is going to tackle the debt pile and how the business is going to move ahead. The current share price is 620p, which is more than double the level it […]

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Dignity (LON: DTY) is reporting its first quarter figures on Monday. They should show some growth, but the significant information is likely to be about management / director changes and the strategy of the funeral services provider and crematoria owner. Lower prices are partly offsetting the effect of the greater number of deaths in the […]

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Dignity Plc (LON: DTY) has reported a 4% increase in revenue this year amid the Coronavirus pandemic. In the 39 weeks to the end of September, the funeral provider saw revenue grow from £225.4m to £234.5m. The increase in revenue reflects the higher number of deaths amid the pandemic. In the first three-quarters of 2019, […]

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Funeral parlour and crematoria owner Dignity (LON: DTY) does not have to worry about price controls – for the time being at least. However, this is a short-term respite and the recovery in the share price appears overdone. The Competition and Markets Authority (CMA) says it would not be possible to impose price controls under […]

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