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HomeServe PLC (HSV.L)

HSV.L on London Stock Exchange

1,135.00GBp
18 Apr 2019
Change (% chg)

10.00 (+0.89%)
Prev Close
1,125.00
Open
1,125.00
Day's High
1,135.00
Day's Low
1,122.00
Volume
317,428
Avg. Vol
350,191
52-wk High
1,135.00
52-wk Low
713.60

Latest Key Developments (Source: Significant Developments)

Homeserve Sees FY Adj Pretax Profit At Upper End Of Market Expectations
Thursday, 4 Apr 2019 

April 4 (Reuters) - HomeServe Plc ::TRADING STATEMENT.HOMESERVE HAS HAD ANOTHER VERY GOOD YEAR.ADJUSTED PROFIT BEFORE TAX EXPECTED TO BE AT UPPER END OF MARKET EXPECTATIONS AND SIGNIFICANTLY AHEAD OF 141.7 MLN DELIVERED IN FY18 .IN MEMBERSHIP BUSINESS, NORTH AMERICA REACHED MILESTONE OF 4.0 MLN CUSTOMERS (MARCH 2018: 3.6 MLN).IN HOME EXPERTS, HOMESERVE'S ONLINE TRADES MARKETPLACE, REVENUE AT CHECKATRADE INCREASED BY OVER 30 PCT IN FY.CONSUMER WEB VISITS ALSO INCREASED.NET DEBT AT 31 MARCH 2019 WAS C.1.5X EBITDA, WELL WITHIN GROUP'S TARGET LEVERAGE RANGE OF 1.0 TO 2.0X.  Full Article

Homeserve Signs Agreement With Mitsubishi Corp To Establish JV In Japan
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - HomeServe PLC ::HOMESERVE PLC - JOINT VENTURE.HOMESERVE PLC - JOINT VENTURE WILL BE CALLED HOMESERVE JAPAN CORPORATION AND WILL BE 50:50 OWNED BY HOMESERVE AND MITSUBISHI CORPORATION.HOMESERVE PLC - SIGNED AN AGREEMENT WITH MITSUBISHI CORPORATION TO ESTABLISH A JOINT VENTURE IN JAPAN.HOMESERVE PLC - HOMESERVE AND MC WILL EACH MAKE AN INITIAL CASH INVESTMENT OF £2 MILLION INTO JV.HOMESERVE - NO CURRENT PROFITS ATTRIBUTABLE TO JV AND NO ASSETS OTHER THAN INITIAL CASH INVESTMENT ARE BEING CONTRIBUTED TO IT.  Full Article

HomeServe Reports HY Revenue Of GBP 404.3 Mln, Up 10 Pct
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - HomeServe PLC ::HY REVENUE £404.3 MILLION, UP 10 PERCENT.H1 NORTH AMERICA REVENUE ROSE 14 PERCENT TO 173.7 MILLION USD.HY STATUTORY PROFIT BEFORE TAX £19.3 MILLION, DOWN 9 PERCENT.REMAIN CONFIDENT IN GROWTH PROSPECTS FOR THE FULL YEAR.MADE PROGRESS ON STRATEGIC INITIATIVES IN ALL FOUR OF GLOBAL BUSINESS LINES.  Full Article

HomeServe Says Johnathan Ford To Step Down From Board As COO
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - HomeServe PLC ::JOHNATHAN FORD, GROUP COO, WILL STEP DOWN FROM BOARD AND LEAVE BUSINESS ON 31 DECEMBER 2018.CHRIS HAVEMANN WILL STEP DOWN AS A NON-EXECUTIVE DIRECTOR AT END OF HIS THREE YEAR TERM ON 1 DECEMBER 2018.  Full Article

Homeserve Completes Acquisition Of Some Trade & Assets Of Dominion Products And Services
Monday, 29 Oct 2018 

Oct 29 (Reuters) - HomeServe PLC ::ACQUISITION.ACQUISITION OF TRANCHE 2 OF CERTAIN OF TRADE AND ASSETS OF HOME ASSISTANCE COVER BUSINESS OF DOMINION PRODUCTS AND SERVICES COMPLETED.  Full Article

Homeserve Says Trading During Period From April 1 To July 19 In Line With Outlook
Friday, 20 Jul 2018 

July 20 (Reuters) - HomeServe Plc ::TRADING DURING THIS TRADITIONALLY QUIETER PERIOD WAS IN LINE WITH OUTLOOK.TRADING DURING THE TRADITIONALLY QUIETER PERIOD WAS IN LINE WITH OUTLOOK HOMESERVE REPORTED AT ITS PRELIMINARY RESULTS.HAS "GOOD PROSPECTS" FOR GROWTH IN FY19 WITH ATTRACTIVE OPPORTUNITIES IN ALL ITS GEOGRAPHIES.CONTINUED STRONG ORGANIC GROWTH IS EXPECTED IN NORTH AMERICA IN FY19.IN PARTICULAR, CONTINUED STRONG ORGANIC GROWTH IS EXPECTED IN NORTH AMERICA.POTENTIAL FOR ACQUISITIONS TO PROVIDE OPPORTUNITIES TO FURTHER ACCELERATE BUSINESS DEVELOPMENT ACROSS GROUP IN FULL YEAR.FOLLOWING TODAY'S AGM, KATRINA CLIFFE WILL TAKE OVER FROM STELLA DAVID AS CHAIR OF REMUNERATION COMMITTEE.  Full Article

Homeserve Reports FY Revenue Of 899.7 Million STG
Tuesday, 22 May 2018 

May 22 (Reuters) - HomeServe PLC ::FY REVENUE 899.7 MILLION STG VERSUS 785.0 MILLION STG A YEAR AGO.FY ADJUSTED PROFIT BEFORE TAX 141.7 MILLION STG VERSUS 112.4 MILLION STG A YEAR AGO.SEES GOOD PROSPECTS FOR GROWTH IN FY19 WITH ATTRACTIVE STRATEGIC OPPORTUNITIES IN ALL ITS GEOGRAPHIES.NET DEBT AT 31 MARCH 2018 WAS 237.8 MILLION STG.  Full Article

HomeServe says adjusted pre-tax profit to rise in line with expectations
Thursday, 5 Apr 2018 

April 5 (Reuters) - HomeServe PLC ::HOMESERVE HAS HAD ANOTHER STRONG YEAR, WITH ADJUSTED PROFIT BEFORE TAX (PBT) EXPECTED TO BE IN LINE WITH MARKET EXPECTATIONS¹ AND SIGNIFICANTLY AHEAD OF £112.4 MILLION DELIVERED IN FY17.TOTAL CUSTOMERS INCREASED TO 8.4M FROM 7.8M (MARCH 2017).ALL BUSINESSES TRADED AS EXPECTED IN SECOND HALF, WITH AN EXCELLENT PERFORMANCE IN NORTH AMERICA.  Full Article

Homeserve Buys Some Trade, Assets Of Home Assistance Cover Business
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Homeserve Plc ::‍CONFIRMS ACQUISITION OF TRANCHE 1 OF CERTAIN OF TRADE AND ASSETS OF HOME ASSISTANCE COVER BUSINESS OF DOMINION PRODUCTS AND SERVICES​.  Full Article

AA Says To Sell Home Emergency Services Policy Book To Homeserve​
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - AA Plc ::‍IT HAS AGREED TO SELL AA'S HOME EMERGENCY SERVICES POLICY BOOK TO HOMESERVE​.‍HOMESERVE WILL ACQUIRE APPROXIMATELY 70,000 CONSUMER POLICIES WHO WILL MIGRATE FROM MAY 2018​.‍TRANSACTION IS EXPECTED TO COMPLETE EARLY IN 2018​.‍HOMESERVE WILL OPERATE BUSINESS UNDER AA BRAND FOR NEXT THREE YEARS​.‍ON COMPLETION, APPROXIMATELY 70 PLUMBING AND GAS ENGINEERS WILL TRANSFER TO HOMESERVE​.  Full Article

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