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HomeServe PLC (HSV.L)

HSV.L on London Stock Exchange

757.00GBp
15 Dec 2017
Change (% chg)

-7.50 (-0.98%)
Prev Close
764.50
Open
762.00
Day's High
778.00
Day's Low
757.00
Volume
2,175,133
Avg. Vol
492,167
52-wk High
872.00
52-wk Low
504.50

Latest Key Developments (Source: Significant Developments)

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

Homeserve posts HY adjusted profit before tax of 29.0 mln stg
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - HOMESERVE PLC ::H1 REVENUE ROSE 16 PERCENT TO 366 MILLION STG.INTERIM DIVIDEND UP 15 PERCENT TO 4.7 PENCEPER SHARE.HY ‍REVENUE 366.0 MILLION STG VERSUS 314.3 MILLION STG YEAR AGO​.HY ‍INTERIM DIVIDEND UP 15% TO 4.7P​.HY ‍ADJUSTED PROFIT BEFORE TAX OF 29.0 MILLION STG VERSUS 28.7 MILLION STG YEAR AGO​.  Full Article

Homeserve buys U.S. home services company, funded by placing
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Homeserve Plc :Half year revenue rose 17 percent to 366 million stg.‍entered into an agreement to acquire certain of trade and assets of home assistance cover business of dominion products and services​.‍transaction will accelerate growth of homeserve's north american business and has an enterprise value of us$143 million​.‍has today separately announced its intention to raise up to £125 million by way of a cash placing, equivalent of approximately 5% of issued share capital​.‍had a good first six months and remains on track to deliver further strong growth in fy 2018​.  Full Article

Homeserve says trading in-line with expectations
Friday, 15 Jul 2016 

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 

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 

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 

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

GMB union seeks talks with AA on debt pile

LONDON, Dec 1 GMB, the union for staff at British motoring group AA, said it was seeking talks with the company's new management over AA's 2.7 billion pound ($3.65 billion) debt burden.