Homeserve holds 2013 full year dividend at 11.3p

DividendMax Ltd.

Homeserve holds 2013 full year dividend at 11.3p

Financial summary

- Revenue of £568.3m up 4% on prior year (2013: £546.5m)

- Adjusted operating profit of £86.9m (2013: £107.6m):

- UK adjusted operating profit of £53.4m (2013: £78.3m)

- Established International businesses adjusted operating profit of £39.2m (2013: £34.1m)

- Adjusted free cash flow of £92.6m (2013: £80.2m)with net debt of £42.3m at 31 March 2014 (2013: £42.9m)

- Statutory profit before tax of £24.4m (2013: £66.5m) includes exceptional expenditure of £46.7m in respect of the resolution of UK matters.

- Dividend per share 11.3p

Companies mentioned