The group confirmed on Thursday (9 April) underlying profits before tax across its travel division fell by £1.8 million for the full-year to 31 January from £21.6 million to £19.8 million.
Its cruise segment generated £10.6 million profit, up 54% from £6.9 million during 2018/19 thanks in part to the launch in August of the first of its two new-build ships Spirit of Discovery.
However, tour operator profits fell 37% from £14.7 million to £9.2 million, with Saga citing "weak customer demand" which would likely accelerate "due to the impact of Covid-19".
