15th Nov 2005 07:01
Dignity PLC15 November 2005 For Immediate Release 15 November 2005 Dignity plc ('Dignity' or 'the Group') Unaudited quarterly results for the 39 week period to 30 September 2005 Dignity plc, Britain's largest single provider of funeral-related services,namely funeral services, cremations and pre-arranged funeral plans, announcesits unaudited trading statement for the 39 week period ended 30 September 2005. Group revenue for the 39 week period ended 30 September 2005 increased by 7.3%to £107.7 million (2004: £100.4 million). Operating profit for the same period increased by 11.7% to £31.6 million (2004:£28.3 million). Peter Hindley, Chief Executive of Dignity plc commented: "The Group continues to trade well notwithstanding that deaths in the thirdquarter are estimated to be approximately 2.5% lower than last year. However, weremain on track to achieve our expectations for the full year." All numbers are reported in accordance with International Financial ReportingStandards ('IFRS'). In accordance with the terms of the securitisation carried out in April 2003,Dignity (2002) Limited (the holding company of those companies subject to thesecuritisation) has today issued reports to the Rating Agencies (Fitch andStandard & Poor's), the Security Trustee and the holders of notes issued inconnection with the securitisation confirming compliance with the covenantsestablished under the securitisation. Copies of these reports are available at http://www.dignityfuneralsplc.co.uk For further information please contact: Dignity plc 0121 354 1557Peter Hindley, Chief ExecutiveMike McCollum, Finance Director Buchanan Communications 020 7466 5000Richard Oldworth This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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