Company
Saga PLC
LON:SAGA
Saga Group plc is a British company focused on serving the needs of those aged 50 and over. It has 2.7 million customers. Saga Holidays provides package holidays and tours across the globe. It owns and operates the cruise ships MS Saga Pearl and MS Saga Sapphire and also owns and operates the Bel Jou Hotel in St Lucia, as well as Titan Travel.Saga Services provides a wide range of Insurance products - Motor, Home, Travel, Caravan, Commercial Van, Pet, Private Medical, Life Insurance, Motorhome and legal services.Saga Personal Finance provides savings accounts, credit cards, travel money, financial advice, equity release, share dealing, annuities, life assurance & long term care funding advice.Allied Healthcare is a sister company providing domiciliary care nationwide.
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Saga cuts guidance on insurance pricing inflation
A first-half underlying profit of £14mln compared with a loss of £2.8mln a year ago thanks to the restarting of international travel
Saga on track for return to profit as cruise demand rebounds
Cruise bookings this summer have been "exceptionally strong"
Saga draws up contingency plans for possible delay in UK COVID-19 reopening schedule
Contingencies include plans to operate for a short period with fewer guests
Saga shares rally as over-50s look forward to Covid-19 freedom
It is clear that there is significant pent-up demand among our customer base, the vast majority of whom have now been vaccinated"
Saga renegotiates its banking covenants
The cruise ship debt deferral runs to the end of March 2022
Saga looking for £170mln loan package ahead of cruise restart
Talks are ongoing and some way from being agreed, said the report
Saga in talks with lenders as tours remain on hold due to coronavirus restrictions
Year-end net debt stood at £785mln, up £139mln since the end of July after receiving delivery of the Spirit of Adventure cruise ship
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FTSE 100 ends just above water; Wall Street cools off after hot start
Investors in New York have left markets little changed as they await quarterly results, with Microsoft to kick off the big tech earnings train later today
Saga's new chapter and UK unemployment numbers in focus for Tuesday
Britain's unemployment rate is expected to rise above 5% in the three months to November, but December's jobless claimant numbers are seen hitting 7.5%
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Airlines, drinks and big US names the key news in coming week, Fed decision eyed
Firms in the diary include Wizz Air and easyJet as well as Guinness owner Diageo and Irn-Bru maker AG Barr
Saga unveils new strategy after slumping to loss in first half
Restructuring costs and a large goodwill write-down of its travel business led to a statutory loss before tax of £59.8mln
Saga shares soar after former owner backs £150mln investment plan
Roger De Haan was chief executive and chairman of Saga for 20 years before his family sold the business to private equity group Charterhouse in 2004
Saga has ‘strategic options to bounce back’, says broker as cruise firm highlights resilience of insurance business
The company said insurance had performed well across its home, motor and private medical segments, although this had been partially offset by an expected reduction in sales of travel insurance
Saga shelves dividend but says insurance business provides coronavirus flexibility
If the travel business is shut until August or September, management reckon that even with a slow recovery in demand from then the group should remain buoyant
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FTSE 100 closes ahead as oil gushes higher after Trump tweet
It has been a topsy-turvy day. The market is currently more topsy than turvy.
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Saga in the spotlight as over-50s operator is set to update on coronavirus impact
The over-50s travel specialist is among few names pencilled into the City diary for Thursday 2 April.
Saga predicts £15mln hit as it suspends cruises amid coronavirus pandemic
The provider of holidays and insurance said its voyages will stop for six weeks after the UK government advised against cruise travel for people over the age of 70