Saga forecasts higher annual profit
Saga forecasts higher annual profit as strong demand for cruises and travel insurance boosts its financial outlook. The British group expects full-year underlying profit to reach up to seventy million pounds.
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SAGA PLC forecast annual underlying profit to rise between £65M and £70M on Wednesday morning, driven by strong cruise and insurance demand. The British over-50s holiday group reported £44.2M for the previous year. The expansion reflects surging bookings across its travel and insurance portfolios.
