UK's Saga hits near 6-year high after higher annual profit forecast

Saga

30/09/2026 12:44

Updates shares and milestone
** Shares of over-50s holiday and insurance group Saga SAGA.L rise as much as 21.8% to 781 pence 
** Stock is at its highest since November 2019 and is the top gainer across London stocks
** Co forecasts 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
** "We believe that the strategy of product improvement and operational simplification is clearly paying off," Peel Hunt analyst Ivor Jones says 
** Stock up about 97% YTD

 (Reporting by Neeshita Beura in Bengaluru)
 ((Neeshita.Beura@thomsonreuters.com))