Homeserve increases its 2016 interim dividend by 5%

DividendMax Ltd.

Homeserve increases its 2016 interim dividend by 5%

Financial performance

Our New Markets businesses reported revenue of £9.9m (HY15: £7.0m) reflecting the higher number of customers in Italy. Our investment in New Markets generated a loss of £2.3m (HY15: £2.0m) and the full year investment will be in the range of up to £6.0m.

Dividend

The interim dividend of 3.8p per share (HY15: 3.63p), an increase of 5%, will be paid on 8 January 2016, to shareholders on the register on 11 December 2015.

Outlook

We have made good progress across all of our businesses and remain confident of achieving good growth in 2016.

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