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SAGAG.L on London Stock Exchange

26 May 2017
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-1.00 (-0.49%)
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Latest Key Developments (Source: Significant Developments)

Saga announces refinancing of existing bank facilities
Wednesday, 10 May 2017 02:38am EDT 

May 10 (Reuters) - Saga Plc ::Announces a refinancing of existing bank facilities.Launch of a debut 250 mln stg seven year senior unsecured bond, a 200 mln stg five year term loan facility and a 100 mln stg five year revolving credit facility.  Full Article

UK insurer Saga's FY underlying pretax profit rises
Wednesday, 29 Mar 2017 02:00am EDT 

Saga Plc : FY preliminary results for full year ended 31 january 2017 . FY underlying profit before tax £187.4 mln versus £177.4 mln year ago . Proposed full year dividend 8.5p versus 7.2p year ago . FY underlying profit before tax, excluding derivative gains and Ogden discount rate impact increased by 5.6% . FY strong performance in competitive environment with significant improvement in motor . FY broking profit per customer grew 5.7% to £46 (FY 2016: £43.5) . Confidence in continuing to deliver a consistent financial performance in 2017 is strong . Overall, we have seen a very positive start to year on motor premiums, with strong upwards movement on new business . Currently running in excess of claims inflation, and sets us on a strong footing to improve motor broking profits during year . Another tough year for home market, particularly given benign weather conditions over winter period . Travel insurance demand is stable . Overall, we remain positive on trading for our retail broking business for coming year .General economic confidence amongst our customers remains strong post Brexit vote.  Full Article

Saga sees FY results in-line with expectations
Wednesday, 11 Jan 2017 02:00am EST 

Saga Plc : Trading update & notice of results . Provides following update on trading covering period from 1 August 2016 to 10 January 2017 . Has continued to trade strongly in second half of year, and is on course to meet its expectations for full year . Business continues to perform well, with our core insurance and travel divisions both demonstrating consistency in delivering robust results-CEO .Expect to report results in line with our expectations for full year-CEO.  Full Article

Aurelius acquires Allied Healthcare from Saga Plc
Tuesday, 1 Dec 2015 07:51am EST 

Aurelius AG:Acquires Allied Healthcare from Saga Plc.Acquisition of Allied Healthcare, combined with 10 other successful investments in 2015, will take Aurelius' annualised sales to over 3 billion euros.  Full Article

Saga PLC declares interim dividend
Wednesday, 30 Sep 2015 02:01am EDT 

Saga PLC:Says that it has declared an interim dividend of 2.2p per share.This dividend will be paid on Nov. 19, 2015 to holders of ordinary shares on the register at the close of business on Oct. 9, 2015.  Full Article

Saga PLC completes Bennetts acquisition
Wednesday, 1 Jul 2015 02:00am EDT 

Saga PLC:Saga has paid 26.26 million Pounds in cash for the entire share capital of Bennetts.Has completed the acquisition of Bennetts, the UK's premier motorbike insurer.The acquisition further broadens the range of insurance solutions offered to customers.  Full Article

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BRIEF-Saga announces refinancing of existing bank facilities

* Launch of a debut 250 mln stg seven year senior unsecured bond, a 200 mln stg five year term loan facility and a 100 mln stg five year revolving credit facility Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)