31st Mar 2008 07:02
Homeserve Plc31 March 2008 TRADING STATEMENT Homeserve plc, the home emergency service company, today provides the followingstatement prior to entering its close period for the year ending 31 March 2008. We have continued to make progress on UK policy sales and International businessdevelopment as outlined in the Interim Management Statement issued on 6 February2008 and we expect to report profits, before amortisation of acquisitionintangibles and tax, in line with our expectations. As expected, we have experienced high levels of activity in the final quarter ofthe year across all of our UK Policy Membership and Emergency Servicesbusinesses. We also expect to achieve our policy targets with around 1.6million gross new policy sales for the year in the UK together with a retentionrate of 85%. International opportunities in both the USA and Europe have continued toprogress. Initial mailings with our new water company partners in the USA haveshown very encouraging results. The Group will announce its preliminary results on Monday 19 May 2008. 31 March 2008 Enquiries: Homeserve plcBrian Whitty, Executive Chairman Tel: 01922 427903Jonathan Simpson-Dent, CFO TulchanAndrew Honnor Tel: 0207 353 4200Stephen Malthouse This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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