Replay available

Saga plc (SAGA) Q2 2027 Earnings Call

Saga plc (LSE: SAGA) Q2 2027 earnings conference call, held 2026-10-01. Replay captured from the company's public earnings webcast.

Thu, October 1, 2026 at 4:30 AMendedReplay
Saga plc (SAGA) Q2 2027 Earnings Call

Investor webinar replay

Meeting Overview The meeting focused on SELGA's financial results for the first half of the year ending July 31, 2026. Key highlights included strong performance across various business segments, particularly in travel and insurance, along with updates on growth strategies and financial guidance. Key Discussion Points - Overview of SELGA's strong performance for the first half of the year. - Growth in the newly combined travel business and ongoing transformation in the insurance sector. - Updated profit guidance for the full year, expecting profits between £65 million and £70 million. - Significant reduction in leverage ratio from 3.7 times to 2.7 times. - Launch of new travel destinations and partnerships, including a successful collaboration with NatWest. - Introduction of a new technology partnership aimed at modernizing IT infrastructure. - Detailed financial performance metrics, including revenue growth and profit before tax increases across core businesses. Decisions Made - Up...

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Featured Presenters

Jack Cummings

Analyst, Berenberg

Tim Barrett

Analyst, Deutsche Niemeys

Replay transcript excerpt

Speaker 1: Morning, everybody, Speaker 1: and welcome to SELGA's results for the 6 months ended 31st of July, 2026. Speaker 1: Quick look at the agenda for this morning. I'm gonna give you a short overview of the fantastic 0.5 that we've put in and the progress we've been making Before Mark then takes you through the financial performance in more detail, Speaker 1: I'll then return to give you some more colour on our individual businesses and the great progress we've been making across the group. Speaker 1: So we've put in another very strong 0.5 year performance Speaker 1: and it's a performance built on a really clear strategy. Speaker 1: We've created a simple, resilient Speaker 1: and customer focused platform for growth. Speaker 1: Our newly combined travel business is continuing to grow strongly. Speaker 1: And you'll hear about the ongoing transformation we're delivering in our insurance business Speaker 1: that is now also delivering Speaker 1: consistent Speaker 1: growth. Speaker 1: Revenues and profits are growing strongly across the group. Speaker 1: And in light of that performance, Speaker 1: we've updated Speaker 1: guidance for the full year. And we now expect profits to end Speaker 1: with the full year being between Speaker 1: 65 million Speaker 1: and 70 million pound profit, Speaker 1: compared to 44 million pound last year. Speaker 1: That's an increase of over 50%. Speaker 1: I'm really pleased to report that our leverage is also continuing to fall rapidly, Speaker 1: ending the 0.5 at 2.7 Speaker 1: times Speaker 1: compared to 3.7 Speaker 1: times only in January. Speaker 1: So with another strong year Speaker 1: being delivered this year, Speaker 1: we're now even more confident with regards to our medium-term Speaker 1: targets and therefore...

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