Edition:
United States

HomeServe PLC (HSV.L)

HSV.L on London Stock Exchange

739.50GBp
25 May 2017
Change (% chg)

-3.00 (-0.40%)
Prev Close
742.50
Open
745.00
Day's High
752.00
Day's Low
734.50
Volume
429,641
Avg. Vol
368,663
52-wk High
803.00
52-wk Low
441.25

Latest Key Developments (Source: Significant Developments)

Homeserve posts FY adjusted pre-tax profit 112.4 mln stg
Tuesday, 23 May 2017 02:16am EDT 

May 23 (Reuters) - Homeserve Plc ::FY revenue £785.0m versus £633.2m year ago.FY adjusted profit before tax £112.4m versus £93m year ago.FY EBITDA £154.2m versus £122.7m year ago.Net debt at 31 March 2017 was £261.4m.Says board is proposing to increase final dividend to 11.2p per share (FY16: 8.9p) to be paid on 3 August 2017.Expects further strong growth in FY18.Expects to deliver around $15m EBITDA this coming year.  Full Article

Homeserve appoints Tom Rusin as executive director
Tuesday, 23 May 2017 02:02am EDT 

May 23 (Reuters) - Homeserve Plc ::Tom Rusin has been appointed as an executive director.  Full Article

Homeserve sees FY results at upper end of market expectations
Thursday, 6 Apr 2017 02:17am EDT 

Homeserve Plc : Expects to report results at upper end of market expectations 1 for year to March 31, 2017 . UK business has had another good year with customer growth of 1 pct . Rapid progress in USA with 50 mln affinity partner households and 3 mln customers at year end . In USA, we ended financial year with 3 mln customers, representing another significant milestone and up 28 pct compared to FY16 . UK retention remains strong at 80 pct and continue to see high income per customer .Anticipate income per customer in UK increasing further next year as customers purchase more comprehensive cover, receive benefits of more usage.  Full Article

Homeserve says trading in-line with expectations
Friday, 15 Jul 2016 02:15am EDT 

Homeserve Plc : Trading update . Trading in line with expectations and co expects to deliver good growth in year ending 31 March 2017 . Says our businesses in France, Spain and Italy are performing in line with management expectations .UK business is performing as anticipated and during July signed a new affinity partnership with Dee Valley Water.  Full Article

Homeserve says continues to trade in line with guidance
Wednesday, 29 Jun 2016 02:00am EDT 

Homeserve Plc : Trading statement . Have signed five new affinity partnerships, adding a total of 0.8 mln households. . Expect acquisition of utility service partners (USP) to complete following normal course regulatory approvals. . In long term we would anticipate having access to around 80 mln households in U.S. via affinity relationships and a net income per customer in order of $100. . Maintain our long term expectation of achieving a 20 pct margin in our U.S. business, which would be achievable today if we scaled back investment in growth. .Confirms that it continues to trade in line with guidance provided in its preliminary results announcement on May 24 2016..  Full Article

Homeserve full-year profit rises 9 pct
Tuesday, 24 May 2016 02:00am EDT 

Homeserve Plc : Group profit up 9 pct to £93.0m with an 11 pct increase in customer numbers to 7.0m . Adjusted earnings per share up 15 pct to 21.8p with proposed 10 pct increase in dividend payment to 12.7p per share . Retention rate in the UK of 82 pct reflecting increased number of first year renewals (FY15: 83 pct) . Final dividend up 13 percent to 8.9 pence per share .Total dividend up 10 percent to 12.7 pence per share.  Full Article

Homeserve PLC sees FY 2016 outlook in line with expectations
Wednesday, 23 Mar 2016 03:00am EDT 

Homeserve PLC:Expects FY 2016 results for the group to be in line with the company's expectations, with both the UK and International businesses performing well.  Full Article

Homeserve PLC announces payment of special dividend
Monday, 15 Jun 2015 02:00am EDT 

Homeserve PLC:proposes the payment of a special dividend of 30 pence per existing ordinary share.Payment would be made to shareholders who are on the register of members at 5.00pm on July 17, 2015.The special dividend is expected to be paid to shareholders on July 24, 2015.  Full Article

More From Around the Web

BRIEF-Homeserve posts FY adjusted pre-tax profit 112.4 mln stg

* Says board is proposing to increase final dividend to 11.2p per share (FY16: 8.9p) to be paid on 3 August 2017