14th Nov 2007 07:01
Dignity PLC14 November 2007 For immediate release 14 November 2007 Dignity plc ('Dignity' or 'the Group') Unaudited trading statement for the 39 week period to 28 September 2007 Dignity plc, Britain's largest single provider of funeral-related services,namely funeral services, cremations and pre-arranged funeral plans, announcesits unaudited results for the 39 week period ended 28 September 2007. 39 week period ended 28 Sep 29 Sep Increase 2007 2006 per cent Revenue (£million) 119.2 113.1 5.4Operating profit (£million) 36.5 33.3 9.6 Operating profit includes £1.5 million (2006: £1.2 million) in respect ofrecoveries from the pre-arranged funeral plan trusts and £0.2 million (2006:£nil) in respect of profit on sales of fixed assets. Peter Hindley, Chief Executive of Dignity plc commented: "The Group continues to trade well and remains in line with expectations for thefull year." 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 0207 466 5000Suzanne Brocks This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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