Funeral firm Dignity reports first quarter profit drop, shares fall

(Reuters) - Britain's Dignity Plc reported a worse-than-expected fall in underlying operating profit on Monday after performing fewer funerals in the first quarter, knocking its shares.The company, which operates more than 800 funeral locations across Britain, said underlying operating profit fell 42% to 21.7 million pounds in the 13 weeks ended March 29.Dignity said it performed 19,200 funerals in the first 13 weeks of 2019, down from 21,400 a year earlier. Its underlying revenue fell 15% to..