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
