The company revealed in its first half results that it had signed an agreement with Meyer Werft for a new ship in 2019 and an option for a second in 2021.
Saga’s travel business is continuing to grow. Trading ebitda was 11.2% higher at £16.9 million, up from £15.2m.
Reservation levels for holidays departing in the remainder of its financial year and the next were described as “very encouraging”.
Profit before tax in the entire group before interest, tax and costs associated with last year’s IPO rose by 1.5% to £117.9 million.
Revenue grew by 8.7% to £478.3 million.