FROM THE CEO
Welcome
Euan Sutherland
Helloeveryone, welcome to the November issue. It’s been an incredibly busy autumn here at Saga HQ as we prepared to present our interim results to the City. I am delighted to report that we are on track to double our profits this year, with particularly strong performances in cruise and travel.
Overall, the company’s revenue increased 15% over the six-month period and I was pleased to be able to report underlying profits before tax of £13.4 million. Much of this was down to an extraordinarily strong set of figures from our Ocean Cruise division, which is making the most of our customers’ pent-up longing to travel the world once again, post-pandemic. As of late September, our two wonderful ships, Spirit of Adventure and Spirit of Discovery, were 86% booked for the year.