Propel Funeral Partners presentation at Macquarie Australia Conference

Propel Funeral Partners Limited (ASX: $PFP) Managing Director and Co-Founder, Albin Kurti, presented the company's year to date trading to 30 April 2024 and FY24 guidance at the 2024 Macquarie Australia Conference.

Executive Commentary on Presentation

The presentation included commentary on year to date trading to 30 April 2024 and FY24 guidance. The company reaffirmed its FY24 guidance range for Revenue of $200m-$220m and Operating EBITDA of $54m-60m. It was noted that death volumes fluctuate over short time horizons, inflation is expected to impact funeral related pricing and costs, and ongoing impacts from COVID-19, particularly on life expectancy and death volumes, remain uncertain.

Summary of Propel Funeral Partners Presentation

Propel Funeral Partners Limited (ASX: $PFP) presented its year to date trading to 30 April 2024 and reaffirmed its FY24 guidance range for Revenue and Operating EBITDA. The company highlighted the impact of short-term fluctuations in death volumes, expected inflation on funeral related pricing and costs, and ongoing uncertainties from COVID-19. Propel's presentation at the Macquarie Australia Conference provided insights into the company's performance and outlook for the remainder of FY24.