HomeServe appoints David Bower as CFO
6th Feb 2017 07:07
(ShareCast News) - Emergency repairs business HomeServe has appointed David Bower as chief financial Officer with immediate effect and he will also join the board and executive committee. Bower, who joined HomeServe in 2005, was previously interim chief financial officer and held a number of senior
Read moreHomeServe bites into Checkatrade and Habitissimo
3rd Feb 2017 07:03
(ShareCast News) - Residential repair and improvements business HomeServe announced on Friday that it has acquired shareholdings in Checkatrade in the UK and Habitissimo in Spain. The FTSE 250 firm said the two separate businesses provide access to high-quality tradespeople performing home repairs a
Read moreWednesday broker round-up
23rd Nov 2016 14:29
(ShareCast News) - Anglo American: UBS reiterates neutral with a target price of 950p. Lloyds: Macquarie reiterates outperform with a 65p target. Intertek: Barclays stays at equal-weight with a 3700p target. Barclays: HSBC reiterates buy with a 190p target. Homeserve: UBS maintains neutral with a
Read moreHomeserve H1 boosted by strong rise in US customers
22nd Nov 2016 08:31
(ShareCast News) - A strong expansion into the US market and weaker pound boosted half-year profits at maintenance company Homeserve by 4% to £22.2m. The interim dividend was lifted to 4.1p a share from 3.8p as revenues jumped 20% to £314.3m. Basic earnings per share rose 8% to 5.4p. Homserve said
Read moreSunday share tips: ITV, Homeserve
6th Nov 2016 12:26
(ShareCast News) - Buy shares in ITV, said the Sunday Times' Inside the City column. The broadcaster has lost over 39% of its value this year, with the shares losing ground even before the TV advertising market was hit hard by the EU referendum decision, which sent the big advertising sectors like r
Read moreBroker tips: Aggreko, Homeserve
20th Oct 2016 16:01
(ShareCast News) - Homeserve rallied as Barclays upped the stock to 'overweight' from 'underweight' and boosted the price target by a whopping 170% to 695p after visiting the company's UK and US operations in the last couple of months. Following the visits, the bank has reassessed its long-standing
Read moreHomeserve rallies on Barclays upgrade
20th Oct 2016 08:53
(ShareCast News) - Homeserve rallied as Barclays upped the stock to 'overweight' from 'underweight' and boosted the price target by a whopping 170% to 695p after visiting the company's UK and US operations in the last couple of months. Following the visits, the bank has reassessed its long-standing
Read moreFriday broker round-up
30th Sep 2016 10:06
(ShareCast News) - Vodafone: UBS reiterates buy with a target price of 310p. British Land: HSBC reiterantes buy, 738p target. Ophir Energy: Deutsche Bank keeps at neutral with a 95p target. Homeserve: UBS reiterates neutral with a 610p target. Intercontinental Hotels: Credit Suisse keeps at outpe
Read moreHomeserve says trading in line; sees good growth in current year
15th Jul 2016 07:01
(ShareCast News) - Homeserve said it was trading in line with expectations and expected to deliver "good growth" in the current year. "Trading, as usual, will be weighted towards the second half of the financial year, reflecting the seasonality of our marketing activity and associated renewals profi
Read moreHomeserve well placed after Brexit; signs new affinity deals in US
29th Jun 2016 07:34
(ShareCast News) - Maintenance group Homeserve said it was "well positioned" to meet the challenges posed by Britain's exit from the EU, adding that growth prospects remained "strong". "Our businesses each operate in their own territories and have proved resilient to economic turmoil. Indeed given t
Read moreHomeServe promotes CFO Johnathan Ford to new position of COO
20th Jun 2016 07:44
(ShareCast News) - FTSE 250 home insurance and repairs company HomeServe has promoted Johnathan Ford from the role of chief financial officer to the new position of group chief operating officer. In his new role, Ford will provide focus and support to all of HomeServe's businesses and lead the devel
Read moreHomeserve full-year profit and revenue up as customer numbers grow
24th May 2016 07:12
(ShareCast News) - FTSE 250 repair and insurance company HomeServe posted a rise in profit for the year to the end of March as revenue and customer numbers grew. Adjusted pre-tax profit rose 9% from 2015 to £93m on revenue of £633.2m, up from £584.2m. Profit was a little better than the £91.6m analy
Read moreHomeServe expands US footprint with USP acquisition
31st Mar 2016 07:53
(ShareCast News) - HomeServe was looking to add another 10m homes to its US market on Thursday, announcing it had entered an agreement to acquire home assistance business Utility Services Partners. The FTSE 250 home emergency business said the acquisition was worth $75m (£52.3m) cash on a 'debt free
Read moreHomeServe appoints new non-exec director
1st Dec 2015 08:02
(ShareCast News) - Chris Havemann has been appointed as non-executive director at HomeServe, the home emergency and repair services provider said. In a statement released on Tuesday, the FTSE 250 group confirmed Havemann, who held the role of chief executive at online survey data collection group Re
Read moreHomeserve half year profits fall despite higher revenue, customer numbers
17th Nov 2015 08:43
(ShareCast News) - Interim pre-tax profits fell at domestic maintenance firm Homeserve despite a rise in revenues and customer numbers. Pretax profit fell to £21.3m against £25.3m in the same period last time. Revenues rose to £262.3m from £241.7m. Total operating costs were £102.9m, 4% higher than
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