UK-based Saga Plc (SAGA.L), Wednesday reported financial results for the first half of the fiscal year 2025, revealing pre-tax profit from a loss last year with increase in the revenue.
Profit from continuing operations was 5.9 million pounds compared to a loss from continuing operations of 115.6 million pounds in the prior year.
Loss per share from continuing operations reduced to 4.2 pence compared to a loss of 82.7 pence a year ago.
Pre-tax profit from continuing operations was 3.7 million pounds compared to a loss of 116.9 million pounds a year earlier.
Revenue rose 9 percent, to 328.2 from 300.6 million pounds the prior year.
The company said that it is ahead of expectations in the first half trading performance and is confident in achieving full year Underlying Profit Before Tax which is now in line with the prior year.
On the London Stock Exchange, the stock was up 6.22 percent, at 230.50 pence.
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