Latest Funeral Services Industry News

Propel Funeral Partners has inked deals for three New Zealand funeral service providers, adding nearly $4 million in revenue and projecting modest growth for FY26 despite currency headwinds.

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.