Dignity plc

Dignity plc
Public (LSE: DTY)
Industry Funeral services
Founded 1994
Headquarters Sutton Coldfield, Birmingham, UK
Key people
Peter Hindley, Chairman
Mike McCollum, CEO
Revenue £313.6 million (2016)[1]
£101.7 million (2016)[1]
£57.2 million (2016)[1]
Website www.dignityfunerals.co.uk

Dignity plc (LSE: DTY) is one of the largest providers of funeral services and pre-paid funeral plans in the United Kingdom. It is British run company and is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The business was created in 1994 through the merger of Plantsbrook Group and Great Southern Group,[2] both of which companies had been acquired by Service Corporation International Inc earlier that year.[3] In 2002 the merged business was the subject of a management buy-out from Service Corporation International Inc.[4] The merger brought together a number of funeral service businesses including the following:[2]

  • George S Munn, Glasgow – 1812
  • Francis Chappell & Sons, London – 1840
  • J Rymer, York – 1848
  • Ginns & Gutteridge, Leicestershire – 1855
  • Lawrence Funeral Service, Halifax – 1857
  • E Finch & Sons, Aldershot – 1857
  • Beckenham Cemetery, Kent – 1876
  • J H Kenyon, London – 1880
  • Frederick W Paine, London – 1884
  • Perry Barr Crematorium, Birmingham – 1903
  • John Bardgett & Son, Newcastle upon Tyne – 1914
  • Jonathan Harvey, Glasgow – 1928
  • South London Crematorium – 1930
  • Seaford & Newhaven Funeral Service, East Sussex – 1950
  • Smiths, Funeral Directors, Blantyre, South Lanarkshire, Scotland.
  • Joseph Potts, Funeral Directors, Carluke and Blantyre, South Lanarkshire, Scotland.
  • Joseph Potts, Funeral Directors, Bellshill, North Lanarkshire, Scotland.
  • Henry Dorricott Funeral Service, Larkhall, Lesmahagow & Lanark, South Lanarkshire, Scotland

The company was first listed on the London Stock Exchange in 2004.[2]

Operations

The company is based in Sutton Coldfield operates 44 crematoria across the country.[5] In the UK, Dignity PLC accounts for 12.3% of all funeral services and 9.8% of Crematoria. The funeral division is their biggest division that accounts for 70% of total sales. [6]

References

  1. 1 2 3 "Preliminary Results 2016" (PDF). Dignity. Retrieved 18 April 2017.
  2. 1 2 3 "Dignity Caring Funeral Services - About us - History". dignityfunerals.co.uk. Retrieved 28 March 2015.
  3. Competition Commission Archived July 25, 2008, at the Wayback Machine.
  4. Management buy-out funeral giant BBC, 11 February 2002
  5. "Dignity launches national direct cremation service". Funeral Service Times. 12 December 2016. Retrieved 18 April 2017.
  6. http://walbrockresearch.com/10-important-things-understand-dignity-plc/
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