BUZZ-HomeServe: Shares fall after UK profit dips on charge
** British home repairs provider shares down 3.1 pct after co reports FY results
** FY adj operating profit in UK unit down 3 pct after one-time cost of 2.5 mln pounds on headcount reduction; FY adj operating margin in UK business down 2 pct pts
** JPMorgan (LSE: JPIU.L - news) says UK decline in profit was a result of higher level of low margin repair jobs, and restructuring costs
** UK profits decline is a little behind management's guidance at last November's interims for flat profits – this miss isn't entirely unexpected given H1 performance, Barclays (Swiss: BARC.SW - news) which rates the stock as "overweight", says in a note
** CEO of UK unit to step down in 2018, co says
** Stock one of the top losers on FTSE Midcap Index
** Up to Monday's close, stock had risen 16.6 pct in the past 12 months compared with a 6.6 pct increase in the FTSE 250 Midcap Index
(Abinaya.vijayaraghavan.thomsonreuters.com@reuters.net)