Saga reports loss after tax of £3.1m
Interim results for H1 2021 highlight group loss but directors flag “robust” numbers as the business looks to recover from £57.1m loss in the same period last year.
Saga reported revenues of £156.4m for the first six months of 2021 according to an interim report.
This followed a tough H1 2020 which, while it achieved £192.4m revenue, saw it fall to a loss of £57.4m overall. Its 2021 figures showed a decreasing loss of £3.1m.
The figures, boosted by the restarting of its cruise and travel business, also showed changes in its insurance operation.
Insurance
Overall the insurance division reported a profit before tax of £69.0m for H1 2021 commensurate with
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