UK's Saga gains after forecasting higher annual profit
30/09/2026 09:33
BUZZ-UK's Saga gains after forecasting higher annual profit ** Shares of Saga SAGA.L up 11.7% at 716 pence - top gainer on the FTSE Midcap index .FTMC, which is up 0.9%
** Over-50s holiday and insurance group forecast higher annual profit and expects to meet its medium-term targets ahead of schedule, helped by strong demand for its cruises, holidays and travel insurance
** H1 underlying pretax profit nearly doubles to £46.6 million from £23.5 million
** "We believe that the strategy of product improvement and operational simplification is clearly paying off," Peel Hunt analyst Ivor Jones says
** Stock up about 80% YTD
(Reporting by Neeshita Beura in Bengaluru)
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