Over-50s cruise, tour operating and insurances group Saga delayed the publication of half year results due today (Wednesday),
The company said it “continues to explore partnership opportunities to support the group’s capital-light growth ambitions, crystallise value and enhance long-term returns for shareholders”.
In a notice to the London Stock Exchange on Tuesday, Saga added: “While this process remains ongoing, the group today announces that it is delaying its half year results, which were due to be published on 2 October 2024.
“The results will be announced at the earliest possible opportunity.
“Saga confirms that performance for the first half is in line with expectations and the group remains on track for the full year.”
The company today confirmed media coverage that it is in discussions with Belgian insurance giant Ageas “with regard to a potential partnership arrangement” for its insurance business.
“There can be no certainty that any partnership agreement will occur. A further announcement will be made in due course, as appropriate,” Saga added.