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'Solid trading' for Saga in city update

Operators
Sophie Griffiths
21 June 2016

Saga has reported “solid trading” and is “on track to achieving its targets” for the year ending January 31, 2017.

Sapphire joined the Saga fleet in 2012

In a trading update covering the period from February 1 to June 20, 2016, the group said it had seen “solid trading across the core insurance and travel business”.

It added that it was “investing in future growth through the ongoing development of opportunities in emerging businesses”.

Lance Batchelor, chief executive, said: "We have made a good start to the year across our core trading divisions. We continue to focus on our strategic objectives and remain on track to deliver on the targets we set out at our preliminary results on April 19, 2016".

The group’s interim results will be announced on September 21.