As Diginty is new to the martkets and the first funeral services company to be floated, what are your views on its future potential?

There appears to be little data on which to ascertain a valuation.

I don't suppose we are going to run out of dead people!

Sharecast - Dignity resurrected after second-half funerals show signs of life

Wed, 04 March 2015



Dignity resurrected after second-half funerals show signs of life



A second half recovery in volumes helped Dignity lay 2014 to rest in style, with results from the funeral services group topping analysts forecasts despite the pall cast by a 3.5% annual decline in funeral numbers.
Results surprised City analysts, largely reflecting the earlier timing of the company's annual price increases, with revenues rearing up 4.7% to £268.9m and underlying profit before tax resurrected from half-year falls to register an 11% rise to £58.5m.

The group recorded a statutory loss due to non-cash charges resulting from the refinancing undertaken during the period, which allowed a £64.4m return of cash to shareholders.

Underlying earnings per share stiffened 19.1% to 85.8p, well above consensus expectations of less than 82p, with a final dividend increased by 10.0% to 13.01p, giving a full year payout of 19.50p on top of the cash return.

During the period, Dignity invested £24.7m in 12 smaller acquisitions acquisitions of funeral businesses, after the larger purchase of Yew Holdings in 2013, which performed very strongly and exceeded management expectations.

Chief executive Mike McCollum said the company would continue on its stately strategic course, targeting 10% EPS growth over the medium term, but he noted that the first quarter 2015 result should be significantly higher than the same period in the prior year as deaths in the first eight weeks of the year were roughly 23% higher than the abnormally low number prior year.

As seen in previous years, this is likely to normalise over the remainder of the year and mean expectations for 2015 therefore remain "positive and unchanged".

Broker Panmure Gordon said the results exceeded our expectations and the "outlook remains excellent" in light of the continuing EPS growth target.

"Strong earnings and cash flows, sustainable growth rates and low risks make this a highly attractive company."

5 Mar Beaufort... N/A Buy
5 Mar Numis 1,950.00 Hold
4 Mar Panmure Gordon 2,200.00 Buy
3 Feb Investec 1,840.00 Buy

Naked trader - Good old Dignity (LON:DTY) continues well and shouldn't be long before it hits 2000. reported. Already doubled on these and over the years no surprise if it doubled again, there's a lot of money in death!

Flying today.

Dignity PLC (DTY:LSE) set a new 52-week high during today's trading session when it reached 2,077. Over this period, the share price is up 34.21%.

Trading statement Mon 11 May

First quarter trading update

Questor-share-tip-Dignity-profits-rise-on-high-death

Ex dividend 28 May 2015 Dignity PLC (13 P)

June 16: Investec: Hold - TP: 2060p

Acquisition

July 10: Berenberg Bank: Hold - TP; Up from 1850p to 2260p Reiteration

Dignity PLC (DTY:LSE) set a new 52-week high during today's trading session when it reached 2,307. Over this period, the share price is up 57.16%.

Osborne's cuts are showing success!

Completion of acquisition of 36 funeral locations
RNS
RNS Number : 8553S
Dignity PLC
13 July 2015









For immediate release 13 July 2015



Dignity plc



Completion of acquisition of 36 funeral locations from Laurel Funerals





Dignity plc, the UK's only listed provider of funeral related services, is pleased to announce that the acquisition of 36 of the 83 locations currently operated by Laurel Funerals for total consideration of £38 million, announced on 16 June 2015, has now completed.

Number of deaths up by 13.2% from 280,000 (June 2014) to 317,000 (June 2015

Interim results

July 29: Investec: Hold - Raises TP from 2060p to 2390p

July 29:

Panmure Gordon: retains Buy - TP: raised from 2225p to 2610p

Dignity first-half profit boosted by rise in bereavements

Wed, 29 July 2015



Dignity first-half profit boosted by rise in bereavements



(ShareCast News) - Funeral services provider Dignity posted a 44% jump in underlying first-half pre-tax profit on higher demand for its offerings, following a 13% increase in the number of deaths for the 26-week period ended 26 June.
Pre-tax profit came in at £46.5m from £32.3m in the same period last year, on revenue of £158.7m, up 19.2% from £133.1m.

The company said the number of deaths was 13% higher in the first half of 2015 compared with the same time last year. As a direct consequence, underlying operating profits were up 31% at £59.7m.

Dignity said it will pay an interim dividend of 7.14p per share, up 10% from last year.

The group said it has acquired 46 funeral locations and opened one satellite location since the start of the year, representing an aggregate investment of £47.2m. This includes the acquisition of 36 locations from Laurel Funerals for a consideration of £38m, which completed on 13 July.

As a result of the high number of deaths in the first half, Dignity expects results for the full-year to be ahead of its expectations.

Chief executive Mike McCollum said: "This has been a very strong half year for the group. Client service standards remain excellent and I am delighted with our performance. We have invested £47.2m in acquisitions so far this year from cash on our balance sheet which should help to create further value for our shareholders in the future."

At 1023 BST, the group's shares were up 3.6% at 2,455p.

Naked TrI think Dignity (LON:DTY) probably gets my vote for my fave share of the year so far up from 1700 to near 2400 giving me in reality profits of over £30,000 as I built up a substantial stake. I now just keep a trailing stop on it 250 points away from the action. It's continued to rise or hold steady in down markets.ader today -