Homeserve optimistic despite concerns over its property repair business
Homeserve has reported that its membership business has exceeded expectations ahead of its full year results, although its emergency services arm has been hit by lower volumes and a downturn in profitability.
It reported new policy sales and renewals in its UK membership business during the fourth quarter and that it now expected to announce gross new policy sales ahead of our expectations at 1.75m (2008:1
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