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How Propel Funeral Partners Boosted Profit 6.2% with NZ Acquisitions and Debt Deal
9:30am on Tuesday 24th of February, 2026 AEDT
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How Propel Funeral Partners Boosted Profit 6.2% with NZ Acquisitions and Debt Deal
9:30am on Tuesday 24th of February, 2026 AEDT
Key Points
Revenue increased 3.1% to $118.8 million
Statutory net profit after tax rose 6.2% to $12.5 million
Completed acquisitions of Jones & Co Funeral Services, Broadway Funeral Home, and Jacobsen Headstones in NZ
Refinanced $275 million senior debt, extending maturity to 2029 with improved pricing
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PROPEL FUNERAL PARTNERS (ASX:PFP)
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