Saga is a name that everyone knows when it comes to services for people in or approaching retirement. We're a trusted brand with a reputation for high-quality service (no offshore call centres or automated response systems for us) based on an intimate understanding of our customers. We are still based in Folkestone where we opened our first hotel in 1951 – even though there are now more than 20,000 staff.

Our first 30 years were focused on travel and then in the 80s we launched Saga Magazine and developed home and car insurance and financial services which was followed by private medical and travel insurance in the 90s, along with the launch of our own cruise ship operation. We entered the homecare sector in 2008.

Saga's divisions all focus on the specific needs and wishes of our customer group. By gaining an insight into our customers, we are better able to understand their needs and so identify products to meet those needs – from a new home insurance product to a South American cruise. We then work with both external providers and our own in-house suppliers to design and develop tailored products and service

The strength of the Saga brand provides the Group with the potential to expand into other business areas as opportunities present themselves and customer needs change - we are building or piloting new businesses in private domiciliary care, legal services, wealth management and aspirational retirement living – our first village is called Wadswick Green, created in partnership with a startup called Rangeford.

We have over 2.5 million customers and a database of 10.5 million over-50s across our businesses.
Type
Public
HQ
Kent, GB
Founded
1951
Employees
4,860 (est)

Saga Locations

Kent, GB

Saga Metrics

Saga Summary

Founding Date

1951

Market capitalization

£2100 B

Closing share price

£1.91

Saga Financials

FY, 2016

Revenue

£944 M£901 M£963 M

Cost of sales

£593 M£525 M£544 M

Gross profit

£351 M£375 M£419 M

Gross profit Margin, %

37.2%41.7%43.5%

Saga Market Value History

Saga Online Presence

Saga News

Saga Company Life

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