15/05/2006
Unaudited quarterly results for the 13 week period to 31 March 2006
Dignity plc, Britain's largest single provider of funeral-related services, namely funeral services, cremations and pre-arranged funeral plans, announces its unaudited trading statement for the 13 week period ended 31 March 2006.
Group turnover for the 13-week period ended 31 March 2006 increased by 5.9% to £41.4 million (2005: £39.1 million).
Operating profit for the same period increased by 10.2% to £14.0 million (2005: £12.7 million).
Peter Hindley, Chief Executive of Dignity plc commented:
'I am pleased to report a strong trading performance in the first quarter. Customer satisfaction remains high and this continues to underpin our performance. The Group is trading in line with expectations.'
In accordance with the terms of the securitisation carried out in April 2003, Dignity (2002) Limited (the holding company of those companies subject to the securitisation) has today issued reports to the Rating Agencies (Fitch and Standard & Poor's), the Security Trustee and the holders of notes issued in connection with the securitisation confirming compliance with the covenants established under the securitisation.
Copies of these reports are available at www.dignityfuneralsplc.co.uk
Enquiries:
Peter Hindley/Mike McCollum
Chief Executive/Finance Director
Dignity plc
Tel: 0121 354 1557
Suzanne Brocks
Buchanan Communications
0207 466 5000