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Saga 2017 final results

Investment Tools Ltd.
Saga 2017 final results

Saga 2017 Final results

Growth in Underlying Profit Before Tax of 1.4%

·      Robust performance in our Retail Broking insurance business despite challenging trading conditions; and growth in Travel

·      Reduction in profit before tax to £178.7m reflects costs associated with the successful refinancing, cost savings and net fair value losses on derivatives

·      Continued strong cash generation which has supported deleveraging to 1.7x

·      Full year dividend increased to the level of 9.0p, reflecting our confidence in the future cash generation of the business

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