Invocare lifts FY profit

Funeral operator says results weighed by fewer than expected deaths, personnel costs.

Invocare (IVC) has posted a modest lift in both interim profit and revenue, but says the results were weighed by fewer than expected deaths and the continued investment in personnel, commenced during 2012.

In the six months to June 30, the funeral, cemetery and crematorium operator's net profit was $21.5 million, a 5.6% increase on the $20.3 million recorded in the previous corresponding period.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles