The group on Wednesday (27 September) reported half-year revenue (six months to 31 July) of £355.3 million after its ocean and river cruise units recorded underlying profits before tax of £12.9 million and £1.5 million respectively – up on last year’s losses of £6.9 million and £2.1 million.
Saga said revenue growth for its ocean cruise segment was achieved through a 17 percentage point increase in load factor, as well as 5% increase in spending per person, which has gone up to £333. River cruise load factor, meanwhile, has increased by more than a third (34%) to 83%, with per person spending now running to £296.
