viewHomeserve Plc

Homeserve on track as US continues to push ahead

Checkatrade has seen strong results from the recent advertising campaigns in North West England,

Homeserve is spending heavily on Checkatrade

Homeserve PLC (LON:HSV) expects to hit forecasts this year with good progress in the US compensating for heavy advertising and promotion of its Checkatrade business.

Checkatrade had seen strong results from the recent advertising campaigns in North West England, Homeserve added.

Elsewhere, the on-billing arrangements with electricity utility Endesa in Spain have been extended for a further five years, which is expected to help the ongoing retention rate.

Homeserve is selling out of Italy, however, with its 49% stake in Assistenza Casa to be acquired by partner Edison.

In the year to March 2019, profits rose by 13% to £139.5mln. Revenues hit £1bn for the first time with a 12% rise over the previous year.

Homeserve added that its results are always heavily weighted towards the second half of its financial year.

Quick facts: Homeserve Plc

Price: 1320 GBX

Market: LSE
Market Cap: £4.42 billion

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



Full interview: Location Sciences Group releases state of privacy and...

Location Sciences Group PLC (LON:LSAI) Chief Business Officer Jason Smith tells Proactive the AIM-listed company which provides verification and analytics services for location data, has released its state of privacy and location marketing report.  Smith says the report is in response to...

5 hours, 25 minutes ago


Director/PDMR Shareholding

2 days, 4 hours ago

Director/PDMR Shareholding

2 weeks, 1 day ago

Director/PDMR Shareholding

2 weeks, 1 day ago

Additional Listing

2 weeks, 3 days ago

Total Voting Rights

3 weeks ago

Director/PDMR Shareholding

4 weeks, 2 days ago

Additional Listing

on 13/12/19

2 min read