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Saga PLC

SAGA.L

Latest Trade

284.02GBp

Change

-8.38(-2.87%)

Volume

234,081

Today's Range

281.80

 - 

290.00

52 Week Range

228.34

 - 

464.60

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
292.40
Open
286.20
Volume
234,081
3M AVG Volume
9.84
Today's High
290.00
Today's Low
281.80
52 Week High
464.60
52 Week Low
228.34
Shares Out (MIL)
140.34
Market Cap (MIL)
410.35
Forward P/E
104.69
Dividend (Yield %)
--

Next Event

Saga PLC Trading Update Release

Latest Developments

More

Saga H1 Pretax Profit 700,000 Stg

Saga Prices Offering Of £250 Mln 5.5% Guaranteed Unsecured Bonds Due 2026

Saga Plc Says Proposed Offering Of GBP Denominated Fixed Rate Guaranteed Bonds

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About Saga PLC

Saga plc (Saga) is a United Kingdom-based company that provides products and services primarily for customers over the age of 50. The Company's products and services include general insurance, package and cruise holidays, personal finance products and a monthly subscription magazine. Saga operates through three segments: Insurance, Travel and Other Businesses. Insurance segment comprises the provision of general insurance products and services, principally motor, home, private medical and travel insurance. The Travel segment is engaged in operating and delivering package tours, which includes escorted tours, special interest trips, hotel stays and river cruises, and cruise holiday products. The Company owns and operates approximately two ocean cruise ships. The Company's Other Businesses segment includes Saga Personal Finance, the Saga Magazine and the Company's in-house mailing and printing business.

Industry

Insurance (Prop. & Casualty)

Contact Info

Enbrook Park, Sandgate

CT20 3SE

United Kingdom

+44.1303.77111

https://corporate.saga.co.uk/

Executive Leadership

Roger De Haan

Non-Executive Chairman of the Board

Euan Sutherland

Group Chief Executive Officer, Executive Director, Interim Chief Executive of Insurance

James B. Quin

Group Chief Financial Officer, Executive Director

Jane Storm

Chief People Officer

Victoria Haynes

Group Company Secretary

Key Stats

1.75 mean rating - 4 analysts
Sell
Hold
Buy
Revenue (MM, GBP)

2019

0.8K

2020

0.8K

2021

0.3K

2022(E)

0.4K
EPS (GBp)

2019

178.955

2020

121.580

2021

13.200

2022(E)

4.762
Price To Earnings (TTM)
--
Price To Sales (TTM)
1.36
Price To Book (MRQ)
0.60
Price To Cash Flow (TTM)
41.87
Total Debt To Equity (MRQ)
130.78
LT Debt To Equity (MRQ)
130.67
Return on Investment (TTM)
-0.70
Return on Equity (TTM)
-0.64

Latest News

Latest News

UPDATE 1-Saga's next year cruise bookings cross pre-COVID-19 levels, post H1 profit

Over-50s holidays group Saga Plc said on Wednesday cruise bookings for next fiscal year had crossed pre-pandemic levels, but warned there was still uncertainty on the longer-term impact of COVID-19 on the sector.

Saga bulks up finances with bond issue ahead of resuming cruises

Over-50s holidays group Saga Plc on Tuesday launched a 250 million pound ($347 million) bond offering and said it would also extend its debt maturities to gain financial flexibility, as it prepares to resume its cruise operations.

UPDATE 2-UK holiday group Saga expects to resume cruises from June 27

* Sees 60% 2021/22 revenue target from tour bookings (Adds appointment of new CEO, analyst quote, background on insurance business)

Britain's Saga expects cruise business to resume by June-end

Britain's over-50s holidays group Saga Plc said on Monday its motor and home policy sales were 2% lower for the four months to May 31 from last year, but customer loyalty and demand for its tours business remained high through repeated lockdowns.

Saga's profit surprises as lower insurance claims offset travel hit

Saga on Wednesday reported a stronger than expected annual profit, sending its shares sharply higher, as lower motor insurance payouts during lockdowns offset losses in its over-50s tour and cruise operations.

CORRECTED-Britain's Saga says travel, cruise operations will not resume until late-2021

Britain's over-50s holidays group Saga said on Wednesday its tour and cruise businesses will not resume operations until later this year after cutting 36% of its workforce as it deals with pandemic-led travel disruptions.

Holidays group Saga tweaks credit covenants on COVID-19 travel curbs

Saga has agreed to amend covenants on its credit facilities and a one-year extension to defer some debt, gaining enough breathing space if COVID-19 travel curbs were to continue into the second half of 2021.

Saga reports $190 mln cruise bookings ahead of May restart; debt soars

Over-50s holidays and insurance specialist Saga reported total cruise bookings of 140 million pounds ($190.97 million) on Tuesday, as it prepares to restart sailing in May after more than a year of suspension due to the COVID-19 crisis.

Saga mandates COVID-19 vaccination for all cruise customers

UK-based holidays and insurance specialist Saga said on Wednesday its customers are required to get fully vaccinated against the novel coronavirus before boarding the company's cruises.

Saga requires customers to get COVID-19 vaccine before travelling - FT

Saga, a UK-based holidays and insurance specialist, has insisted its customers get COVID-19 vaccine at least 14 days before travelling and take a pre-departure test for the virus, Financial Times reported on Wednesday.

Saga cuts 1,400 jobs, former owner to back 150 million stg capital raise

UK-based over-50s holidays and insurance specialist Saga <SAGA.L> launched a 150 million pound ($194 million) capital raising on Thursday that will see former boss Roger De Haan return as non-executive chairman after the loss of 1,400 jobs.

Saga rejigs strategy under new boss amid COVID-19 crisis

Saga on Thursday unveiled a new plan that included a digital push as the British company takes steps to navigate through a coronavirus-hit market under its new boss Euan Sutherland.

Saga stock leaps 80% after fundraising plans, ex-boss to return as chairman

Shares of Saga Plc jumped 80% on Tuesday after the British over-50s holidays and insurance specialist laid out plans to raise 150 million pounds ($201.08 million) and bring back former boss Roger De Haan as non-executive chairman.

Saga to raise 150 million pounds in new capital, ex-CEO to return as chairman

Saga Plc <SAGA.L> said on Sunday it planned to raise 150 million pounds ($200 million) in new capital and bring back former Chief Executive Officer Roger De Haan as non-executive chairman, as it tries to shore up its finances after disruption caused by the COVID-19 pandemic.

Saga refunds 44 mln pounds to tourists as COVID-19 hammers travel

Saga has refunded 44 million pounds ($54.45 million) of advance payments to customers whose travel was interrupted by the coronavirus outbreak, the British over-50s holidays and insurance specialist said on Monday.

BRIEF-Saga Says Group Has Not Recognised Any COVID-19 Related Claims Upside In Current Yr Results

* SAGA PLC - GROUP'S TRAVEL BUSINESS HAS REMAINED ON PAUSE SINCE DECISION IN MID-MARCH TO SUSPEND OPERATIONS DUE TO COVID-19

Britain's Saga asks for debt relief as casts doubt on 2020 holidays

British over-50s holidays and insurance specialist Saga <SAGA.L> warned on Thursday it could suspend all cruises and vacations until 2021 under a worst case coronavirus scenario and said it was asking for a year's debt holiday.

BRIEF-Saga Virus Worst Case Scenario Sees Cruise Trading Suspended Till 2021

* SAGA PLC - UNAUDITED TRADING UPDATE (INC. IMPACT OF COVID-19)

UPDATE 1-UK's Saga suspends cruises on virus concerns

British over-50s services group Saga said on Friday it was suspending its cruise operations until early May in response to the coronavirus crisis, at an estimated cost to company earnings of about 10-15 million pounds.

BRIEF-Saga Says Made Decision To Temporarily Suspend Operations Of Cruises Until May 1 2020

* MADE DECISION TO TEMPORARILY SUSPEND OPERATIONS OF OUR CRUISES UNTIL 1 MAY 2020

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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