Dignity maps out resurrection plan

Dignity maps out resurrection plan

Shares in funeral provider Dignity (DTY) shot up on release of these half-year results, as cash profits of £56.4m exceeded market expectations. Helped by a 5 per cent increase in the number of deaths during the period, the company is committed to putting its January profit warning firmly in the rear-view mirror. This will take the form of a three-year transformation plan, hopefully underpinned by what continues to be a strong level of cash generation.

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