London · Delayed Price · Currency is GBP · Price in GBX Saga plc Earnings Call Transcripts
Fiscal Year 2026
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Delivered a transformational year with double-digit revenue and profit growth, significant net debt reduction, and strong performance across all core segments. Confident in achieving medium-term profit and leverage targets, supported by robust bookings, a simplified business model, and resilient customer demand.
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First-half results exceeded expectations with strong growth in Travel and improved Insurance Broking, leading to higher revenues, profits, and significant debt reduction. Strategic actions, including refinancing and the sale of the underwriting business, position the group for sustainable growth and lower risk.
Fiscal Year 2025
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Strong financial results driven by travel business growth and improved insurance underwriting, with net debt and leverage reduced. Strategic actions, including the sale of the underwriting business and new financing, position the group for sustainable growth and a medium-term profit target of at least GBP 100 million.
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Exclusive talks with Ageas for a major insurance partnership and sale of the underwriting business aim to simplify operations and reduce risk. Strong H1 results were driven by cruise and travel, offsetting insurance broking challenges, with continued debt reduction and robust forward bookings.