Business overview
Saga has become one of the UK's most-trusted businesses by providing customers with differentiated products and excellent customer service for 75 years. We exist to deliver exceptional products and service to meet the needs of older people.
Financial overview
Preliminary results for the year ended 31 January 2026
| Year ended | 31 January 2026 | 31 January 2025 | Change |
|---|---|---|---|
| Underlying Revenue1,2 | £654.6m | £588.6m | 11% |
| Revenue | £660.0m | £588.3m | 12% |
| Trading EBITDA1,2 | £134.9m | £116.0m | 16% |
| Net finance costs3 | (£43.1m) | (£26.7m) | (61%) |
| Underlying Profit Before Tax1,2 | £44.2m | £37.2m | 19% |
| Profit/(loss) before tax2 | £2.1m | (£160.2m) | 101% |
| Available Operating Cash Flow1 | £205.9m | £109.6m | 88% |
| Net Debt1 | £499.5m | £592.8m4 | 16% |
| Leverage Ratio1 | 3.7x | 4.4x4 | 0.7x |
1 Refer to the Alternative Performance Measures Glossary on pages 87-91 of our preliminary results statement for definition and explanation
2 From continuing operations
3 Net finance costs exclude Travel and Insurance Underwriting finance costs and Travel net fair value losses on derivatives
4 Following the Group’s corporate refinancing and subsequent revised covenant definition, Net Debt and Leverage Ratio have been re-presented for 31 January 2025