Homeserve profit passes £100m

HOME maintenance and insurance firm Homeserve yesterday reported a 13 per cent rise in full-year profits as the number of worldwide customers rose to 4.7 million.

The firm – which operates across the UK, continental Europe and the United States – delivered underlying pre-tax profits of 100.6 million in the year to 31 March after seeing strong growth in the UK and overseas.

Homeserve, which has its headquarters in Walsall, West Midlands, said customer numbers increased by 3 per cent in the UK and 8 per cent globally.