Tue 01/16/2024 11:35 AM
French funeral services group OGF’s performance took another dip in October 2023, as volumes continued to decline. As a result, earnings veered further off track and the group continued to burn cash, sources said.
The number of funerals OGF handled in October was 9.1% below budget and 4.5% below the same month the prior year. Sales reached €51 million, which was 10% below budget and 1% down on the prior year, while EBITDA came in at €10...
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