Funeral company InvoCare’s (ASX: IVC) net profit after tax attributable to equity holders is down 50 per cent to $20.8 million for the half year ending June 30th 2018.
The White Lady owner sale revenue is $225.7 million for the half year up 0.4 per cent.
EBITDA was $53.7 million for the first half, down 0.3 per cent.
The interim fully franked ordinary dividend in respect of the financial year ending 31 December 2018 amounts to 17.5 cents per share.
The company also announced their agreement to acquire all the shares in William Morrison Funeral Director which trades as Morrisons Funeral Directors in Auckland, New Zealand.
It’s InvoCare’s ninth acquisition this calendar year with six transactions now announced or completed in Australia and three in New Zealand.
Shares in InvoCare(ASX: IVC) are trading 8.96 per cent lower to $13.11