HomeServe posts rise in adjusted profit, raises dividend

Nov 17 (Reuters) - British home repair services provider HomeServe Plc on Tuesday posted a 16% rise in first-half adjusted profit, helped by a surge in demand for home remodelling during COVID-19 lockdowns, and raised its interim dividend by 7%.

The company’s adjusted pretax profit for the six months ended Sept. 30 rose to 33.1 million pounds ($43.76 million) from 28.6 million pounds a year earlier. ($1 = 0.7564 pounds) (Reporting by Jasmine I S and Indranil Sarkar in Bengaluru; Editing by Ramakrishnan M.)


Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.

Sign up for a free trial of our full service at and follow us on Twitter @Breakingviews and at All opinions expressed are those of the authors.