17th Jul 2015 06:39
LONDON (Alliance News) - Home emergency company HomeServe PLC on Friday said it is trading in line with its expectations and expects to deliver robust growth for its 2016 financial year to the end of March.
The FTSE 250-listed company said it is continuing to make investments to grow its international business and said the majority of its marketing activity, as in previous years, will be weighted to the second half.
HomeServe said its UK business is trading in line, with 2.1 million customers on its books by the end of June. In the US the group said it is confident of its prospects, given the strong pipeline in place, and said it had 2.1 million customers in that market as well at the end of June.
In France, HomeServe said its retention rates remain robust and said sales via its new partner, Lyonnaise des Eaux, have been in line with its expectations. Its Spanish and Italian businesses are both performing in line.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
HSV.L