- The membership business saw first half revenue rise by 8 per cent year-on-year with growth led by North America.
- The emergency home repair specialist believes that full-year adjusted pre-tax profit will come in ahead of current analyst expectations.
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With the Covid-19 pandemic forcing people to spend more time at home, that has proved a boon for emergency home repair specialist HomeServe (HSV). Offering subscription-based maintenance assistance, the group’s membership business saw sales rise by 8 per cent year-on-year in the six months to 30 September to £437m. With growth being led by North America, this translated to overall adjusted operating profit climbing by 17 per cent to £44m. The decline in statutory profits reflects the previous year benefitting from the proceeds of business disposals.