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Phoenix Group Holdings PLC

PHNX.L

Latest Trade

687.20GBp

Change

11.20(+1.66%)

Volume

1,221,550

Today's Range

680.20

 - 

695.80

52 Week Range

459.05

 - 

806.00

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
676.00
Open
689.80
Volume
1,221,550
3M AVG Volume
22.99
Today's High
695.80
Today's Low
680.20
52 Week High
806.00
52 Week Low
459.05
Shares Out (MIL)
999.11
Market Cap (MIL)
6,754.00
Forward P/E
9.45
Dividend (Yield %)
6.92

Next Event

Phoenix Group Holdings PLC Annual Shareholders Meeting

Latest Developments

More

Phoenix Group Holdings Hikes 2020 Cash Generation Target Range To 1.5-1.6 Bln Stg

Phoenix Agrees 70 Mln Stg Private Placement With Network Homes

Phoenix Group Says It Mandated Joint Lead Managers For Issue Of Tier 2 Notes

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About Phoenix Group Holdings PLC

Phoenix Group Holdings plc is a United Kingdom-based company that specializes in the acquisition and management of closed life insurance and pension funds. The Company operates through three business segments: UK Heritage, UK Open and Europe. The UK Heritage segment provides a range of life and pensions products. Assets under administration in its open business are held in three product lines: Workplace, Retail pensions and Wrap. It also includes capital-light products. UK Open business relates to its pension and long-term savings products sold under the Standard Life brand. The European segment distributes unit linked life assurance products which have no material guarantees. Its SunLife brand provides customers with a range of specialist products, including life cover, equity release and funeral plans. Its subsidiaries include Phoenix Life Limited, Phoenix Life Assurance Limited, ReAssure Group plc and Abbey Life Assurance Company Limited.

Industry

Insurance (Life)

Contact Info

1 Wythall Green Way, Wythall Green

B47 6WG

United Kingdom

https://www.thephoenixgroup.com/

Executive Leadership

Nicholas Stephen Leland Lyons

Non-Executive Chairman of the Board

Andy H. Briggs

Chief Executive Officer, Director

Susan Mcinnes

Chief Executive, Standard Life Assurance Limited and Group Director, Open Business

Andy Moss

Chief Executive, Phoenix Life and Group Director, Heritage Business

Antonios Kassimiotis

Group Chief Operating Officer

Key Stats

2.50 mean rating - 14 analysts
Sell
Hold
Buy
Revenue (MM, GBP)

2017

0.9K

2018

2.6K

2019

4.0K

2020(E)

5.0K
EPS (GBp)

2017

-6.295

2018

66.700

2019

89.610

2020(E)

70.305
Price To Earnings (TTM)
9.18
Price To Sales (TTM)
0.57
Price To Book (MRQ)
0.87
Price To Cash Flow (TTM)
7.11
Total Debt To Equity (MRQ)
66.32
LT Debt To Equity (MRQ)
66.32
Return on Investment (TTM)
--
Return on Equity (TTM)
0.23

Latest News

Latest News

Insurer Phoenix posts profit jump, hikes cash generation target

Insurer Phoenix Group Holdings Plc <PHNX.L> on Thursday posted an 11% rise in half-year earnings and raised its 2020 cash generation target as it benefited from a flurry of deals with British companies selling their corporate pension schemes.

Insurer Phoenix posts profit jump, hikes cash generation target

Insurer Phoenix Group Holdings Plc on Thursday posted an 11% rise in half-year earnings and raised its 2020 cash generation target as it benefited from a flurry of deals with British companies offloading their corporate pension schemes.

Britain's Phoenix to buy Swiss Re's ReAssure business for $4.1 billion

Phoenix Group Holdings has agreed to buy the British ReAssure business of Swiss Re for 3.2 billion pounds ($4.1 billion) in cash and shares, the UK insurer's biggest deal to date as it bulks up on policies closed to new customers.

Dividend, FTSE 100 inclusion lend appeal to Phoenix Group shares - Barron's

Shares of U.K. insurer Phoenix Group Holdings are appealing for several reasons including their pending inclusion in a key British stock index and a stable, hefty dividend, according to Barron's.

Phoenix Group sees more UK Plc pension insurance deals as Brexit nears

Phoenix Group, Europe's largest owner of life assurance funds closed to new customers, expects Britain's approaching departure from the European Union to push more UK companies to offload risks linked to their pension schemes in 2019.

Phoenix Group's full-year profit jumps, readies for Brexit

Phoenix Group Holdings, Europe's largest owner of life assurance funds closed to new customers, reported higher full-year profit and targeted cash generation of 3.8 billion pounds from 2019 to 2023, as companies offload their pension risks.

UK insurer Phoenix beats cash generation target for 2017, 2018

British life insurer Phoenix Group Holdings <PHNX.L> said on Thursday it beat its cash generation target for 2017 and 2018, as companies continue to offload their pension risks.

UK insurer Phoenix beats cash generation target for 2017, 2018

British life insurer Phoenix Group Holdings said on Thursday it beat its cash generation target for 2017 and 2018, as companies continue to offload pension schemes.

Standard Life Aberdeen triples stake in Phoenix Group

Britain's Standard Life Aberdeen (SLA) raised its stake in Phoenix Group to almost 27 percent, a filing showed on Tuesday, months after SLA sold the bulk of its insurance business to Phoenix.

UK's Phoenix Group eyes more corporate pension scheme deals - CEO

Britain's Phoenix Group Holdings <PHNX.L> will seek to buy more European corporate pension schemes, the chief executive said on Thursday after the firm completed its first major bulk annuity purchase earlier this year.

UK's Phoenix Group to top cash generation target

Phoenix Group Holdings expects to generate more cash than its originally targeted 1 billion pounds ($1.28 billion) to 1.2 billion pounds for 2017 and 2018, Britain's largest owner of life assurance funds closed to new customers said on Thursday.

MOVES-Phoenix Group names Nicholas Lyons chairman

Phoenix Group, Europe's largest manager of books of mature business, on Friday named Nicholas Lyons as chairman, effective Sept. 1.

BRIEF-SLA shareholders vote for Phoenix insurance deal, share buybacks

* STANDARD LIFE ABERDEEN SHAREHOLDERS VOTE IN FAVOUR OF SALE OF STANDARD LIFE ASSURANCE LIMITED TO PHOENIX GROUP HOLDINGS

Standard Life Aberdeen sees extra annual savings of 100 million pounds from Phoenix sale

Standard Life Aberdeen <SLA.L> on Wednesday said it expected to save an extra 100 million pounds a year in 'efficiency savings' by 2020 after it completes the sale of its insurance business to Phoenix Group <PHNX.L>.

Standard Life Aberdeen to return as much as 1.75 billion pounds to investors

Standard Life Aberdeen <SLA.L> plans to return as much as 1.75 billion pounds to its shareholders in the wake of the sale of its insurance business to Phoenix Group <PHNX.L>.

SLA flags possible capital return after Phoenix insurance deal

Britain's Standard Life Aberdeen (SLA) <SLA.L> said on Thursday it was considering the potential for a "substantial" return of capital to shareholders after it completes a deal to sell the bulk of its insurance business to Phoenix Group <PHNX.L>.

Standard Life reiterates capital return plans after Phoenix deal

Standard Life Aberdeen on Thursday said it was considering the potential for a "susbtantial" return of capital to shareholders after its deal to sell the bulk of its insurance business to Phoenix Group closes.

BRIEF-Phoenix says Co, Standard Life Aberdeen Actively Progressing With Separation And Integration Planning For Proposed Transaction

* PHOENIX AND STANDARD LIFE ABERDEEN ARE ACTIVELY PROGRESSING WITH SEPARATION AND INTEGRATION PLANNING FOR PROPOSED TRANSACTION

BRIEF-Phoenix Group Says Chairman Henry Staunton To Retire

* CHAIRMAN WILL REMAIN IN OFFICE UNTIL HIS SUCCESSOR HAS BEEN FOUND, IF NOT BEFORE 31 AUGUST 2018. Source text for Eikon: Further company coverage:

BRIEF-Phoenix Group Says To Have RT1 Roadshow With Credit Investors

* ANNOUNCEMENT OF RT1 ROADSHOW WITH CREDIT INVESTORS AND UPDATE ON STANDARD LIFE ASSURANCE ACQUISITION Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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