26th Mar 2014 07:00
HomeServe plc
Pre-Close Trading Statement
HomeServe plc, the international home emergency business, today publishes the following trading updated prior to entering its close period for the year ending 31 March 2014.
As outlined in the Interim Management Statement on 5 February 2014, HomeServe expects its adjusted profit before tax1 for the year ending 31 March 2014 to be in line with market expectations2 with both the UK and International businesses having performed as planned.
All of the customers that may have been affected as a result of certain historic practices have now been contacted and the cost of the exercise is in line with our expectations.
HomeServe expects to announce its preliminary results on 20 May 2014.
Enquiries
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HomeServe plc Richard Harpin, Group Chief Executive Johnathan Ford, Chief Financial Officer Linda Hardy, Investor Relations Director |
Tel: 01922 427 997
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Tulchan Group Christian Cowley Martin Robinson
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Tel: 0207 353 4200 |
Notes
1. Adjusted profit before tax and adjusted operating margin exclude the amortisation of acquisition intangibles and exceptional items.
2. The range of analyst forecasts for adjusted PBT for the year ending 31 March 2014 is £81.6m to £86.3m based on current forecasts. The average of these forecasts is £84m.
Related Shares:
HSV.L