UK's Saga jumps after higher annual profit forecast

Saga

29/01/2026 08:20

** Shares of British over-50s holiday and insurance group Saga SAGA.L rise 9.3% to 474.5p

** Expects to report annual profit before tax ahead of 2024

** Expects year-end net debt to be significantly lower than prior year

** Strong rebound in travel demand across world along with material reduction in group debt, helped co boost its profitability in the 2025-26 year

** Stock gained 224.6% in 2025

 (Reporting by Sri Hari N S in Bengaluru)

 ((Srihari.ns@thomsonreuters.com))