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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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.

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Saga 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.

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Saga 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.

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Saga 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.

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Saga 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.

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Saga 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.

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Wednesday 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.

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Saga 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.

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Saga 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.

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Saga 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.

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Former 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.

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