Saga seeks to rebuild confidence

Saga (LON: SAGA) will show a sharp downturn in profit this year. More significant will be whether Saga, which offers insurance and other services to the over 50s, can show any progress in trying to turn around this disappointing performance at its AGM on Wednesday.

Saga reported a large loss last year. Even if underlying pre-tax profit is used then there was still a decline and that will accelerate this year.

The share price has fallen by three-quarters in little more than three months.

You are unauthorized to view this page.

Previous articleFTSE 100 falls on Iran worries and poor Chinese data
Next articleSeverfield builds order books
Avatar photo
Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.