lonsaga
Look ahead to FTSE 350, other companies reporting & economic events from 21 to 25 March We’ll find out if Saga PLC (LON:SAGA)’s end of year losses are in line with expectationsInflation is expected to have heated up againWe’ll be looking for updated forecasts from NEXT plc (LON:NXT) given the challenging conditions aheadCVS Group Plc (LON:CVSG) looks to keep capitalising on the boom in pet ownershipThe mini relief rally for retail sales is expected to continue for FebruaryQ4 2021 hedge fund letters, conferences and more Saga, Full Year Results, Wednesday 23 MarchSophie Lund-Yates, Equity Analy...
ValueWalk
In a brief trading update Saga PLC (LON:SAGA) said insurance policy sales were down around 2% in the key motor and home markets, though recent improvements mean sales are expected to be flat at the half year. Travel policies are down about 5%. Customer retention was 80% and margins per policy were in line with last year at £74 per policy. Q1 2021 hedge fund letters, conferences and more A Further Boost In Current Year Loss RatioThe Insurance Underwriting division is recording fewer motor claims, which ought to boost the group’s current year loss ratio by around 5 percentage points. Saga is als...
ValueWalk
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