Saga plc (SAGA.L) said the Group has traded in line with expectations for the first four months and remains on track for the full year. The Ocean and River Cruise businesses have had an exceptional start to the year with booked load factors ahead of the same point last year, at 83% and 78% respectively. Travel bookings were ahead of the prior year, with booked revenue 14% up, on a higher number of passengers.
Mike Hazell, CEO, said: "Saga has made a good start to the new financial year. Our Ocean Cruise business has traded exceptionally well and, in Insurance, we have continued to take actions within a market which remains challenging."
The interim results for the six months ending 31 July 2024 will be announced on 2 October 2024.
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