SAGA Investor Update
Unaudited trading update for 2019/20
2019/20
2018/19
Customer spend
£1,198.0m
£1,210.1m
(1.0%)
Revenue
£797.3m
£841.5m
(5.3%)
Underlying PBT
£109.9m
£180.1m
(39%)
Reported PBT
(£300.9m)
(£134.8m)
(123.2%)
Available operating
£92.7m
£182.3m
(49.1%)
cash flow
Debt ratio (ex cruise)
2.4x
1.7x
0.7x
•
SAGA
Investor update 2 April 2020
•
Underlying PBT in line with target
range despite challenging
market environment
Underlying PBT excludes:
•
Impairments of goodwill
Impairments of assets of
c.£17m
£4m one-off costs incurred
due to administration of
Thomas Cook
One-off restructuring costs
relating to non-core
businesses of c£6m
Available operating cash flow
above expectations
Short term priority is on liquidity
and reducing leverage given
COVID-19 risks
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