Interim Results
RETURN TO UNDERLYING PROFIT
IN CHALLENGING MARKETS
HY 2022 HY 2021 Variance
Revenue
£258.3m
£156.4m
65%
Underlying Profit/(Loss) Before Tax
₤14.0m
(£2.8m)
600%
(Loss)/profit before tax
(£257.5m)
£0.7m
Available Operating Cash Flow
£31.5m
£41.9m
(25%)
Significant increase in revenue and
return to underlying profit,
supported by the partial recovery
of Cruise and Travel as we emerge
from the pandemic
Reported loss before tax includes
£269m impairment of Insurance
goodwill
Net debt
£721.3m
£740.3m
(3%)
Operating cash in the prior year
benefited from one-off working
Leverage ratio
8.5x
12.3x
(3.8x)
capital inflows
7
Interim results for the six months ended 31 July 2022
Leverage ratio starting to reduce
SAGAView entire presentation