Trading Update

RNS Number : 9467Z

SAGA PLC

17 December 2014

 

Saga plc

Trading Update

17 December 2014

Saga plc, the UK's leading provider of products and services primarily tailored for customers over the age of 50, announces a Trading Update covering the period 1 August to 16 December 2014.

Lance Batchelor, Chief Executive Officer, said:

"Current trading remains in line with market expectations for the full year. Our flexible business model continues to allow us to move resources efficiently around the Group depending on the wider market climate, enabling us to deliver consistent returns.

I am delighted to announce that Jonathan Hill, our CFO designate, will be joining us on 7 April 2015 to work with our current CFO, Stuart Howard, to ensure a smooth handover during 2015.

We look forward to updating the market further on our business model and decisions we have made in regard to our long-term strategy at our Capital Markets Day on 15 January 2015."

ENDS

For further information, please contact:

Saga plc
Tim McCall - Director of Corporate Affairs Duncan Browne - Investor Relations Manager	+ 44 (0) 20 7654 2729   [e-mail] [phone] [e-mail]
FTI Consulting
Paul Marriott / Lucinda Kemeny	[phone] / 1580 [e-mail]  [e-mail]

 

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