British home insurance firm HomeServe Plc (HSV.L) posted a lower pre-tax profit for the year ended March 31, 2013, but said it remains confident that its plans will allow the Group to return to modest growth in 2014/2015.
The group's profit before tax fell to 67 million pounds from last year's 138 million pounds. On a per share basis, earnings slid to 12.9 pence from 35.4 pence.
The reduction in results is mainly attributed to lower UK earnings and the prior-year's 54.9 million pounds gain recognised on the on re-measurement of joint venture interest following the acquisition of full control of Doméo.
On an adjusted basis, profit before tax declined to 105 million pounds from 126 million pounds, while earnings per share slipped to 23.0 pence from 28.0 pence.
For the year, revenue totaled 547 million pounds, higher than last year's 535 million pounds.
In addition, the Board is proposing a final dividend of 7.67 pence per share bringing the total dividend for the year to 11.3 pence.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.