Social Distancing is crashing death care stocks
Funeral homes may be busy, but lockdowns mean less ceremonies, which means less business. Turns out more deaths don’t equal more business for death care companies. The added value that funeral home services offer grieving families is becoming incredibly clear…
Propel Funeral Partners makes $12.3 million profit due to surge of winter deaths
Propel Funeral Partners, one of the largest death services providers in Australia and New Zealand, announced that its revenue increased 19% this year. A $8.3 million (€7.5m) net-profit compared to a loss of $9.6 million (€8.7m) in the same period…