London close: Stocks finish higher on raft of global data

30th Jan 2024 16:00

(Sharecast News) - London's stock markets managed modest gains on Tuesday, driven by the news that the eurozone had narrowly avoided a recession.

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Saga says annual profit set to more than double

30th Jan 2024 07:52

(Sharecast News) - Saga said on Tuesday that it expects full-year underlying pre-tax profit to more than double on the previous year as it hailed an "outstanding" year for the cruise and travel businesses.

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London close: Stocks finish higher as US inflation cools

26th Jan 2024 16:21

(Sharecast News) - London's financial markets closed positively on Friday, as investors were buoyed by an optimistic consumer confidence survey and a lower-than-anticipated inflation reading from across the pond.

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Saga considering partnership arrangement for cruise business

26th Jan 2024 07:17

(Sharecast News) - Saga said on Friday that is considering options for its cruse business, including a partnership arrangement.

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Saga CEO Euan Sutherland to step down

28th Nov 2023 09:20

(Sharecast News) - Saga said on Tuesday that chief executive Euan Sutherland will be standing down after four years with the business.

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Saga reviewing potential debt-reduction options - report

27th Nov 2023 12:10

(Sharecast News) - Over-50s financial services and travel company Saga is said to have brought in advisers to brainstorm ways to strengthen its balance sheet, which could resuming the potential sale process for its insurance underwriting arm.

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Saga sees FY profit ahead of market estimates

27th Sep 2023 07:47

(Sharecast News) - In its interim results on Wednesday, Saga said full-year underlying pre-tax profit was set to be ahead of market estimates, and that it has paused the proposed sale of its underwriting arm, as it announced the departure of its chief financial officer.

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Saga reports solid growth in several key sectors

20th Jun 2023 09:07

(Sharecast News) - Over-50s specialist Saga reported impressive growth in several key sectors in the first four months of its financial year on Tuesday.

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Saga confident as it swings back to underlying profit

4th Apr 2023 07:36

(Sharecast News) - Over-50s specialist product and service provider Saga reported revenue of £581.1m in its preliminary results on Tuesday - a 54% increase year-on-year.

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Saga Acromas sale talks with Open Insurance collapse

2nd Mar 2023 10:08

(Sharecast News) - Saga said on Thursday that talks with Australia's Open Insurance over the potential sale of its underwriting business, Acromas, have ended without an agreement.

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Saga in talks with Australia's Open Insurance over sale of underwriting arm

10th Feb 2023 07:37

(Sharecast News) - Saga confirmed on Friday that it is in exclusive discussions with Open Insurance Technologies over the potential sale of its underwriting business, Acromas Insurance Company limited (AICL).

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Saga reiterates half-year sales guidance as Cruise and Travel recovery continues

24th Jan 2023 07:11

(Sharecast News) - Saga reiterated its guidance for half-year profits as sales in Cruise and Travel continued to recover from the pandemic.

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Saga confirms talks for potential sales of Acromas insurance unit

23rd Jan 2023 07:20

(Sharecast News) - The specialist provider of products and services to those over 50, Saga, confirmed media reports that it was in talks to potentially sell its Acromas Insurance Company Limited business with a view to reducing its debt pile.

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Director dealings: Two Saga non-execs disclose recent purchases

5th Oct 2022 12:54

(Sharecast News) - Shares in Saga were in the red on Wednesday afternoon, even after two of its non-executive directors bought significant chunks of shares.

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Shares tumble as Saga warns on profits

27th Sep 2022 07:32

(Sharecast News) - Shares in Saga fell sharply on Tuesday, after the holidays-to-insurance firm cut its full-year profit guidance as it posted a first-half loss.

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