16th Jul 2021 09:51
(Alliance News) - Homeserve PLC on Friday said its outlook for the full year remained in line with the guidance.
The FTSE 250-listed home repairs and improvements company said it continued to see strong growth in its North American Membership & HVAC business in the period from April 1 to July 15.
In UK Membership & HVAC, a transformation programme is under way, HomeServe noted, to create "a more diversified, efficient digital business", and return to stable growth.
The company's Continental European Membership & HVAC businesses, and its joint venture in Japan, continue to make good progress.
Moreover, HomeServe said its Home Experts unit is on track to reach profitability.
The Walsall, England-based company said it remains confident in its prospects and continues to expect to deliver an acceleration in performance in the financial year to the end of March 2022 versus the prior year.
HomeServe plans to report its results for the six months to September 30 on November 16.
Homeserve shares were trading 3.2% higher in London on Friday at 966.00 pence each.
By Evelina Grecenko; [email protected]
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