Saga on course to return to profit as travel picks up
5th Jul 2022 12:18
(Sharecast News) - Cruises-to-insurance group Saga said it remained on course to turn an annual profit following a strong start to the year.
Read moreSaga swings to underlying loss after cruises restart
23rd Mar 2022 08:22
(Sharecast News) - Over-50s specialist Saga reported a "resilient" performance against Covid-19 challenges in its preliminary results on Wednesday, swinging to an underlying loss.
Read moreSaga upbeat for future growth despite Covid hit
27th Jan 2022 10:19
(Sharecast News) - Shares in Saga sparked on Thursday after the insurance and travel firm said it was well positioned for growth following a strong end to the year.
Read moreSaga posts small H1 pre-tax profit, withholds FY guidance amid continued pandemic uncertainty
22nd Sep 2021 07:39
(Sharecast News) - Over 50s specialist Saga posted a small interim pre-tax profit on Wednesday but opted to issue no guidance as a result of the ongoing Covid-19 pandemic.
Read moreSaga calls travel restart a 'priority'
14th Jun 2021 08:16
(Sharecast News) - Saga said on Monday that its turnaround plan remained on track, but conceded that the resumption of travel was a priority.
Read moreSaga sees strong travel demand on vaccine success
7th Apr 2021 08:15
(Sharecast News) - Saga said demand at its travel business was strong as the over-50s insurance and travel company reported an 84% drop in annual profit.
Read moreWednesday preview: Fed minutes, Saga in the spotlight
6th Apr 2021 16:10
(Sharecast News) - The focus in financial markets will be on the US, where the central bank will publish the minutes of its last policy meeting, even after the close of markets in London.
Read moreSaga said to be in talks over £170m debt package
22nd Feb 2021 07:46
(Sharecast News) - Saga, which specialises in products for the over-50s, is reportedly in talks about a £170m debt package as it looks to weather the coronavirus pandemic.
Read moreSaga Insurance CEO Cheryl Agius steps down
5th Jan 2021 12:15
(Sharecast News) - Over-50s specialist Saga said on Tuesday that Cheryl Agius plans to step from her role as chief executive officer of Saga Insurance and as an executive director with immediate effect, for personal reasons.
Read moreSaga ends first half as expected, raises £150m
10th Sep 2020 08:09
(Sharecast News) - Saga reported an underlying profit before tax of £15.9m for its first half on Thursday, down 69.9% year-on-year but in line with its expectations.
Read moreFormer Saga boss to take part in £150m capital raise
1st Sep 2020 07:38
(Sharecast News) - Over-50s specialist Saga said on Tuesday that it plans to raise £150m in a placing, with former Boss Roger De Haan set to take part, as it looks to strengthen its balance sheet and improve liquidity amid the Covid-19 outbreak and having recently rejected a takeover approach.
Read moreSaga pays out £44m after Covid-19 halts travel business
22nd Jun 2020 11:22
(Sharecast News) - Saga has refunded £44m to customers after the Covid-19 outbreak halted its travel business, the over-50s holiday and insurance specialist confirmed on Monday.
Read moreSaga looks to steady ship as Covid-19 halts travel business
2nd Apr 2020 10:39
(Sharecast News) - Saga has moved to strengthen its balance sheet after the Covid-19 pandemic halted its cruise and tour operations, including the suspension of its dividend.
Read moreSaga to take ?15m hit as it suspends cruises due to Covid-19
13th Mar 2020 07:54
(Sharecast News) - Over-50s specialist Saga has suspended operations of its cruises until 1 May - a move that will dent profits by up to ?15m - following government advice for people aged 70 and over and those with pre-existing conditions not to travel on cruise ships due to the coronavirus outbreak.
Read moreJP Morgan upgrades Direct Line Group and Admiral
9th Mar 2020 13:12
(Sharecast News) - Analysts at JP Morgan upgraded their recommendations for UK auto insurers Admiral and Direct Line in anticipation of continued discipline on the part of both firms on margins.
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