Trading Update & Notice of Results

RNS Number : 8302T

SAGA PLC

11 January 2017

 

11 January 2017

Saga plc

Trading Update and Notice of Results

Saga plc ("Saga" or "the Group"), the UK's specialist in products and services for life after 50, provides the following update on trading covering the period from 1 August 2016 to 10 January 2017.

The Group has continued to trade strongly in the second half of the year, and is on course to meet its expectations for the full year.

Significant progress has been made in analysing the customer database and mapping customer activities and behaviours, to identify key drivers of future value for the business.  Further details of this work will be shared at a Capital Markets Event to be held on the same day as the full year results announcement, 29 March 2017.

Lance Batchelor, Chief Executive Officer, said:

"The business continues to perform well, with our core insurance and travel divisions both demonstrating consistency in delivering robust results.  I am pleased that this means we expect to report results in line with our expectations for the full year."

"We have also maintained our focus on enhancing customer understanding and the in-depth segmentation of our database.  I look forward to outlining our plans for using this insight to drive long-term earnings growth at our Capital Markets Event in March."

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For further information please contact:

Saga plc
Tim McCall, Director of Corporate Affairs	Tel: [phone]
	Email: [e-mail]
Duncan Browne, Investor Relations Manager	Tel: [phone]
	Email: [e-mail]
MHP Communications
Tim Rowntree/Simon Hockridge	Tel: [phone]
	Email: [e-mail]

Notes to editors

Saga is a specialist in the provision of products and services for life after 50. The Saga brand is one of the most recognised and trusted brands in the UK and is known for its high level of customer service and its high quality, award winning products and services including cruises and holidays, insurance, personal finance and publishing. saga.co.uk

 

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