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Phoenix Group Holdings (DI)

Current Price 648.00p Bid 647.80p Ask 648.80p Change 0.78%
Last Updated: 28/09/2021 04:45. Prices delayed by at least 15 minutes.
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Company Overview

The purpose of FTSE250 Phoenix Group is to decommission closed life funds 'safely, innovatively and profitably' - improving returns for customers and delivering value for its shareholders. A fund is defined as 'closed' if no new policies are being sold. The group has £68.5bn of assets under management and serves more that six million policy holders. It has two core segments: life assurance (Phoenix Life) and asset management (Ignis Asset Management), which together employ around 1,200 people across the UK and Channel Islands.

Financial Highlights Year Ended 31/12/2020

Revenue
£4,706.00m
Operating Profit/Loss
£1,504.00m
Dividend yield (%)
6.80
Total dividend for year
n/ap
Dividend cover
1.93
P/E Ratio
7.60

Key Personnel

Mr Nicholas Lyons
Chairman
Mr Andrew Briggs
Chief Executive Officer
Mr Rakesh Thakrar
Group Finance Director
Mr Hiroyuki Iioka
Non-Executive Director
Mr John Pollock
Non-Executive Director
Mr Karen Green
Non-Executive Director
Mr Mike Tumilty
Non-Executive Director
Mr Nicholas Shott
Non-Executive Director
Ms Belinda Richards
Non-Executive Director
Ms Kory Sorenson
Non-Executive Director
Ms Wendy Mayall
Non-Executive Director
Mr Alastair Barbour
Senior Independent Director

Stock Details

EPIC
PHNXL
ISIN
KYG7091M1096
Shares in Issue
225.42m
Market cap
£1,460.72m

Analyst Views (2)

Strong Buy
 
0%
Buy
 
0%
Hold
 
100.00%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
648.00p
Bid Price
647.80p
Ask Price
648.80p
Volume
162,733
Change Today
5.00p
% Change Today
0.78%
Open
645.60p
Previous Close
648.00p
Intraday High
648.80p
Intraday Low
642.40p
52 Week High
788.20p
52 Week Low
621.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Dec 2020
31 Dec 2019
 
£ (M)
£ (M)
Continuing Operations
Revenue
4,706.00
4,038.00
Operating Profit/Loss
1,504.00
513.00
Net Interest
-234.00
-162.00
Pre-Tax Profit
1,270.00
351.00
Profit After Tax from continuing operations
834.00
116.00
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
834.00
116.00
Attributable to:
Equity Holders of Parent Company
798.00
85.00
Minority Interests
36.00
31.00
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2020
31 Dec 2019
Basic
91.80p
8.70p
Diluted
91.50p
8.60p
Adjusted
91.80p
8.70p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Dec 2020
31 Dec 2019
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
119.00
109.00
Intangible Assets
5,241.00
3,979.00
Investment Properties
7,128.00
5,943.00
Investments
400.00
513.00
Other Financial Assets
288,864.00
209,477.00
Other Non-Current Assets
n/a
n/a
Current Assets
Inventories
n/a
n/a
Trade & Other Receivables
1,965.00
1,492.00
Cash at Bank & In Hand
10,998.00
4,466.00
Current Asset Investments
n/a
n/a
Other Current Assets
n/a
n/a
Other Assets
274.00
389.00
Total Assets
334,325.00
242,677.00

Liabilities

Year End Date
31 Dec 2020
31 Dec 2019
 
£ (M)
£ (M)
Current Liabilities
Borrowings
n/a
n/a
Other Current Liabilities
n/a
n/a
Total Current Liabilities
n/a
n/a
Non-Current Liabilities
Borrowings
4,651.00
2,203.00
Provisions
1,318.00
1,201.00
Other Non-Current Liabilities
n/a
n/a
Total Non-Current Liabilities
5,969.00
3,404.00
Other Liabilities
178,926.00
131,466.00
Total Liabilities
326,453.00
237,084.00

Net Assets

Year End Date
31 Dec 2020
31 Dec 2019
 
£ (M)
£ (M)
Net Assets
7,872.00
5,593.00

Capital & Reserves

Year End Date
31 Dec 2020
31 Dec 2019
 
£ (M)
£ (M)
Share Capital
100.00
72.00
Share Premium Account
4.00
2.00
Other Reserves
1,963.00
60.00
Retained Earnings
4,970.00
4,651.00
Shareholders Funds
7,037.00
4,785.00
Minority Interests/Other Equity
835.00
808.00
Total Equity
7,872.00
5,593.00

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
19 Aug 2021
03 Sep 2021
24.10p
Final
01 Apr 2021
18 May 2021
24.10p
Interim
13 Aug 2020
04 Sep 2020
23.40p
Final
02 Apr 2020
19 May 2020
23.40p
Interim
15 Aug 2019
30 Sep 2019
23.40p
Final
21 Mar 2019
07 May 2019
23.40p
Interim
06 Sep 2018
01 Oct 2018
22.60p
Final
22 Mar 2018
04 May 2018
25.10p
Interim
07 Sep 2017
02 Oct 2017
25.10p
Final
30 Mar 2017
15 May 2017
23.90p
Interim
08 Sep 2016
03 Oct 2016
26.70p
Final
07 Apr 2016
13 May 2016
26.70p
Interim
27 Aug 2015
01 Oct 2015
26.70p

Dividend Metrics

Year End Date
31 Dec 2020
31 Dec 2019
Dividend growth
1.50%
1.74%
Dividend yield
6.80%
6.30%
Dividend cover
1.93
0.19


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