Business overview
Saga has become one of the UK's most trusted businesses by providing customers with differentiated products and excellent customer service for over 70 years. We exist to deliver exceptional products and service to meet the needs of older people.
Financial overview
Interim results for the six months ended 31 July 2025
| Six months ended | 31 July 2025 | 31 July 2024 | Change |
|---|---|---|---|
| Underlying Revenue1,2 | £320.5m | £298.2m | 7% |
| Revenue | £328.2m | £300.6m | 9% |
| Trading EBITDA1,2 | £67.5m | £62.4m | 8% |
| Net finance costs3 | (£20.5m) | (£12.9m) | (59%) |
| Underlying Profit Before Tax1,2 | £23.5m | £24.8m | (5%) |
| Profit/(loss) before tax2 | £3.7m | (£116.9m) | 103% |
| Available Operating Cash Flow1 | £89.4m | £54.4m | 64% |
| Net Debt1 | £515.1m | £617.2m4 | 17% |
| Leverage ratio1 | 4.3x | 4.8x4 | 0.5x |
1 Refer to the Alternative Performance Measures Glossary on pages 84-87 of our interim results statement for definition and explanation.
2 From continuing operations
3 Net finance costs exclude Ocean Cruise and Insurance Underwriting finance costs and Travel net fair value losses on derivatives
4 Following the Group’s refinancing and revised covenant definition, Net Debt and Leverage Ratio have been updated for 31 July 2024