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

Phoenix group : Un profil potentiel / risque attractif dans le contexte actuel

>Une génération de cash-flow élevée attendue en 2021 - Phoenix Group publiera son RN 2021 le 14 mars prochain. Nous prévoyons une génération de cash-flow opérationnelle (dividende reçu des filiales) élevée à 1 606 M£ proche du consensus (1 610 M£). Cette génération de capital est attendue en baisse par rapport à 2020 (1 713 M£) qui avait été supérieure aux attentes du groupe (1.5/1.6 Md£), alors que le groupe avait finalisé l’acquisition de ReAssure au cours de l’été ...
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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