Added to YB: 2025-09-11
Pitch date: 2025-09-09
PHNX.L [neutral]
Phoenix Group Holdings plc
+11.95%
current return
Author Info
Lux Opes Research covers European companies. Lots of them. Sign up for the newsletter.
Company Info
Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. It operates through Retirement Solutions, Pensions & Savings, With-Profits, SunLife & Protection, and Europe & Other segments.
Market Cap
GBP 6.2B
Pitch Price
GBP 6.04
Price Target
N/A
Dividend
8.84%
EV/EBITDA
-8.79
P/E
-9.77
EV/Sales
0.01
Sector
Insurance
Category
N/A
Phoenix Group (PHNX UK): steady cash mechanics, firm solvency, and 2026 targets still within reach
PHNX.L (quick overview): Life consolidator with mid-single-digit operating cash growth target, halfway to multi-year cash goal. H1 operating profit ahead on higher assets/margins, cost savings ahead of plan. Solvency robust, leverage declining to <30% by 2026. BPA backlog post-June should boost H2. Prioritizes debt reduction over returns.
Read full article (2 min)