Homeserve posts double-digit profit growth
Homeserve has posted strong preliminary results for the year ending 31 March, with double-digit growth in both revenue and profits expected.
The firm says that revenue has grown by 13% to £1.1bn, while profits will come in at £181m – up by 12%.
It expects to pay a full-year dividend of 23.6p per share – up 10 on 2019.
Richard Harpin, founder and chief executive, HomeServe, said: “I am really pleased with our performance in the last 12 months, in which we continued to provide excellent service to our customers, deliver on our financial objectives and invest for future growth. I am especially proud of how everyone at HomeServe responded to the unprecedented challenges of COVID-19, adapting quickly and efficiently to new ways of working and going beyond the call of duty to help our customers.
“We have all become acutely aware of the importance of our homes over the last few months, which means that HomeServe’s purpose of making home repairs and improvements easy has never been more relevant. With our resilient business model and dedicated teams, we look forward to being able to help more and more customers as the world emerges from lockdown.”
