Sabre releases steady 2019 interim results

results

Sabre has unveiled its company results for the first half of the year ending 30 June 2019, with a slight fall in profits.

It’s profit before tax fell by £1.5m, reaching £30.5m, compared to the same period last year when the provider hit £32m.

The firm’s combined operating ratio (COR) deteriorated slightly from 68.6% in H1 2018 to 71.5% by the end of this June.

CEO of Sabre Insurance, Geoff Carter told Insurance Age: ‘We are pretty pleased with the results we’ve had this morning, especially in

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