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 65 years. We exist to help our customers lead the life they want to lead and to enable and inspire new possibilities.


Financial overview 

Preliminary results for the twelve months ended 31 January 2020

Financial highlights 31 January 2020 31 January 2019
Underlying Profit Before Tax1 £109.9m £180.1m (39.0%)
Loss before tax (£300.9m) (£134.8m) (123.2%)
Dividend 1.5p 4.0p  
Net debt2 £361.7m £391.3m (7.6)%
Debt ratio (net debt to Trading EBITDA3) excluding Cruise 2.4x 1.7x 0.7x

1 Profit before tax from continuing operations excluding unrealised fair value gains and losses on derivatives and the impairment of the carrying value of the cruise ships and goodwill.
2 Net debt is the sum of the carrying value of the Group's debt facilities less ship loans and the amount of available cash it holds. 
3 Earnings before interest payable, tax, depreciation and amortisation, and excludes the amortisation of acquired intangibles, non-trading costs and impairments.