logo
Plus   Neg
Share
Email

Homeserve H1 Adj. Pretax Profit Rises; Revenue Up 17% - Quick Facts

HomeServe plc (HSV.L) reported pretax profit of 10.1 million pounds for the six months ended 30 September 2020 compared to 19.7 million pounds, previous year. Earnings per share was 2.0 pence compared to 5.0 pence. Adjusted profit before tax increased to 33.1 million pounds from 28.6 million pounds. Adjusted earnings per share was 7.1 pence compared to 6.4 pence.

First half revenue was 536.7 million pounds, an increase of 17 percent from prior year. The revenue growth was driven by strong growth in North America and the inclusion of revenue from eLocal.

HomeServe now expects to grow in the year and deliver Group PBTA for fiscal 2021 slightly ahead of current consensus earnings estimates.

The interim dividend of 6.2 pence per share, an increase of 7%, will be paid on 8 January 2021 to shareholders on the register on 11 December 2020.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Guitar Center Inc., a retailer of musical instruments, lessons, repairs and rentals, has filed for Chapter 11 bankruptcy reorganization, aiming to significantly reduce its debt and continue its business amid ongoing struggles following the coronavirus pandemic. The company, which operates nearly 300 stores across the U.S., expects to complete the process before the end of this year. Amazon is offering new "Spoiler Free" ways to keep gifts a surprise, as well as to track, receive and pick up orders this holiday season. According to the company, the new features would help customers to face the challenge of keeping those special gifts under wraps as many families are opting to stay home amid the coronavirus pandemic. AstraZeneca Plc and Oxford University's coronavirus vaccine candidate AZD1222 is found to be 70 percent effective on average against Covid-19, according to the British pharmaceutical giant. AstraZeneca plans to immediately prepare regulatory submission of the data to worldwide authorities for conditional or early approval. The company will also ask for an Emergency Use Listing from the WHO.
RELATED NEWS
Follow RTT