15th Jul 2016 06:28
LONDON (Alliance News) - HomeServe PLC on Friday said trading is currently in line with expectations. The home emergency business said it expects to deliver "good growth" over the current financial year but said trading will be weighted to the second half, as usual.
HomeServe, which provides emergency home insurance and repair services, has just exited the first quarter of its current financial year, which will end in March 2017, and the company's businesses in the UK, France, Spain and Italy all are performing as expected.
The UK business signed a new affinity partnership this month with Dee Valley Water, which provides water services to over 250,000 customers in North East Wales and North West Cheshire. No other details were revealed.
HomeServe said it has also continued to build the prospect pipeline for the US business, which recently acquired Utility Service Partners Inc, adding 400,000 customers to HomeServe's books and pushing the total number of US customers up to 2.7 million, it said.
By Joshua Warner; [email protected]; @JoshAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
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