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HomeServe

  • Homeserve to sell Piedmont policy book for $22m

    December 13, 2021

    Home repairs international firm Homeserve announced this morning its intention to sell to gas company Piedmont its policy book, as shares went down 3.67 per cent. Homeserve cited PiedmonHomeserve cited Piedmont’s acquisition by US energy giant Duke as the main reason for selling the policy books built during the two companies’ partnership, set to expire [...]

  • Homeserve revenue jumps on strong North American performance

    May 18, 2021

    Home repair firm Homeserve said that its revenue climbed 15 per cent last year, largely due to an exceptional performance in its North American division. The FTSE 250 firm said that revenue jumped to £1.3bn, up from £1.13bn the prior year. In its American business, which now has 4.7m customers, revenue jumped over a fifth [...]

  • Homeserve expects £10m profit jump as renovations boom during pandemic

    April 6, 2021

    Homeserve said it expects to report a £10m jump in profit when it publishes its full-year results, due to the surge in demand for home improvements during the pandemic. Adjusted profit before tax for the financial year ended 31 March is expected to be around £191m, up from £181m in the previous year.  It said [...]

  • Homeserve appoints ex-DCC boss as chairman

    January 27, 2021

    Homeserve has this morning appointed Tommy Breen as its new chairman, the home improvements firm announced. Breen will replace long-serving Barry Gibson, who has held the role of chairman since 2010. He will step down in May, when Homeserve presents its full year results. Breen, a chartered accountant by training, joins the FTSE 250 firm [...]

  • Homeserve boosts profit forecasts as lockdown buoys firm

    November 17, 2020

    Homeserve said it would beat current full year profit expectations after a strong first half saw the home repairs firm increase its revenue by nearly a fifth. The FTSE 100 company posted £536.7m in turnover for the first six months of the year, up 17 per cent on last year’s take. It said that the [...]

  • Homeserve sees revenue rise by double digit margin

    May 19, 2020

    Home repairs firm Homeserve saw its revenue increase by a double digit margin in the last financial year, saying its prospects remained strong despite the coronavirus crisis. The FTSE 250 firm added that it had not seen a big increase in cancellations due to the disease, but had stopped its large marketing campaigns as a [...]

  • Homeserve maintains strong outlook as investors toast success across the pond

    May 21, 2019

    Homeserve shares rose this morning as the home repairs company revealed double-digit profit growth last year, driven by success in its key North American market. The FTSE 250 utilities firm, which delivers maintenance to 8m people across the UK, US, France and Spain, added it expects more of the same next year even as it [...]

  • Best 25 stocks in the last tax year

    April 15, 2019  |  City Talk

    By Graeme Evans from interactive investor. The FTSE 100 outperformed mid-caps last tax year, but the top FTSE 350 performers might surprise you. Take a look at the financial year ended on the 5th April, with the 25 top performing stocks in the FTSE 350 all producing gains of 40 per cent or more over the [...]

  • Google’s Larry Page, American Express’ Ken Chenault, Three’s David Dyson: These are the UK’s top-rated chief executives, as voted for by their employees

    June 10, 2015

    It's a tough business, being a chief executive these days – so a little bit of love from their employees never goes amiss. Now recruitment site Glassdoor has unveiled its list of the UK's highest-rated chief execs. Alas, the top-rated guy isn't even based here… The list, which is based on approval by their employees, [...]

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