30th Mar 2006 07:01
Homeserve Plc30 March 2006 TRADING UPDATE Homeserve plc, the home emergency service company, today provides an update on trading for the twelve months to 31 March 2006, prior to entering its close period. Homeserve expects to report profits, before amortisation of acquisition intangibles and tax, in line with expectations. Within the Policy division, Homeserve GB has performed strongly in the second half, achieving 30% annual policy growth. Furniture warranty sales continue to be impacted by the difficult trading conditions in this market. International policy growth has been strong and the pipeline of potential new affinity partners in the USA is developing. Within Emergency Repair, the Glass, Locks, Plumbing and Drains business, (previously Highway) performed particularly well and Chem-Dry and Improveline, which were acquired during the year, have integrated well into the division. The Group expects to announce its Preliminary Results for the year ended 31March 2006 on 22 May 2006. 30 March 2006 Enquiries: Homeserve plcAndrew Belk, Group Finance Director Tel: 01922 427903Brian Whitty, Executive Chairman 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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