Report
Benoit Valleaux ...
  • Roland Pfaender,MBA,CFA,CCRA

Phoenix Group : No major surprises expected to be in store from the 2023 net earnings

>Sharp increase in new businesses in 2023 - Phoenix Group is due to report its 2023 net earnings on Friday 22 March. These earnings should not hold any major surprises, in view of the preliminary indications already communicated by the group. Phoenix Group indicated back in November that after the Part VII transfer of Standard Life and Phoenix Life to the same entity, it was forecasting operating cash-flow generation of around £ 1.8bn in 2023 (vs an initial target of ...
Underlying
Phoenix Group Holdings plc

Phoenix Group Holdings is a closed life and pension fund consolidator. Co. manages manage life insurance funds which no longer actively sell new life or pension policies and which run-off gradually over time. Co. has one reportable segment, comprising its investment in and loans to/from Co.'s entities. Its revenue principally comprises the dividend and interest income derived from these investments and loans. As of Dec 31 2014, Co. had approximately 5.0 million policyholders and about £52.30 billion of total life company assets.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Benoit Valleaux

Roland Pfaender,MBA,CFA,CCRA

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