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.
Preliminary results for the twelve months ended 31 January 2019
|Financial highlights||31 January 2019||31 January 2018||Change|
|Underlying Profit Before Tax1||£180.3m||£190.6m||(5.4%)|
|(Loss)/profit before tax from continuing operations||(£134.6m)||£180.9m||(174.4%)|
|Debt ratio (net debt to Trading EBITDA3)||1.7x||1.7x||0.0x|
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 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.