Saga reports ‘strategic’ drop in turnover

Turnover within Saga’s healthcare division fell by 10% in the six months ending 31 July 2014.According to preliminary results, its homecare business achieved revenues of £145.5m compared to £161.9m in the same period in 2013. Trading EBITDA, however, stood at £1.9m (1.1% of revenue) an increase from £1.7m (1.3% of revenue) in the same period…