Latest Propel Funeral Partners (ASX:PFP) News

Propel Funeral Partners reported strong FY25 financial results with revenue growth and a healthy balance sheet, alongside a seamless leadership transition and ongoing acquisition activity.

Propel Funeral Partners has reported record FY25 results, exceeding revenue and EBITDA guidance while maintaining steady dividends and announcing a key executive transition.

Propel Funeral Partners reported a 7.9% revenue increase in FY25, driven by acquisitions and modest organic growth, while maintaining strong cash flow and a solid balance sheet. The company signals continued expansion supported by favorable demographics and a leadership transition.

Propel Funeral Partners reported a solid 14.5% increase in statutory profit for FY25, driven by strategic acquisitions despite a slowdown in death volumes. The company also declared a fully franked final dividend of 7.0 cents per share.

Propel Funeral Partners announces a strategic executive leadership transition with co-founders Fraser Henderson and Lilli Rayner stepping up as Co-CEOs, ensuring continuity following the retirement of Managing Director Albin Kurti.

Propel Funeral Partners has released its FY25 financial guidance projecting steady revenue growth despite temporary industry volume contraction, alongside announcing the upcoming retirement of its Managing Director and Co-Founder.

Propel Funeral Partners has agreed to acquire two historic New Zealand funeral service providers, marking a strategic expansion into new regional markets with an acquisition valued at up to A$7.3 million.