Interim Results
CRUISE AND TRAVEL RETURN DRIVES MUCH-
IMPROVED RESULT
Revenue
Gross profit/(loss)
Underlying Loss Before Tax:
HY 2022 HY 2021
Variance
£136.2m
£10.0m
>1,000%
£20.8m
(£18.2m)
214%
Ocean Cruise
(£6.9m) (£35.4m)
81%
River Cruise and Travel
(£4.7m) (£15.8m)
70%
Total Underlying Loss Before Tax
(£11.6m)
(£51.2m)
77%
Bookings
Ocean Cruise load factor
Ocean Cruise per diem
River Cruise and Travel revenue
13
Interim results for the six months ended 31 July 2022
Ocean Cruise EBITDA and cash
positive for the first half, supporting
resumption of ocean cruise ship
repayments in June
Small Ocean Cruise loss due to
continued pandemic impact and other
external challenges; expect to return
to profit for the full year
Much-improved River Cruise and
Travel result following resumption of
trading alongside cost actions; expect
to report a small loss for the full year
Current year
Next year
18 Sep
19 Sept
Change
2022
2021
18 Sep
2022
19 Sept
2021
Change
74%
70%
4ppts
42%
60%
(18ppts)
£319
£301
6%
£325
£307
6%
£137.6m
£16.0m
760%
£76.0m
£111.0m
(32%)
SAGAView entire presentation