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Phoenix Group Holdings (GB:PHNX)
LSE:PHNX
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-7.9Last Year’s EPS
-66.6Same Quarter Last Year
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 17, 2025
|% Change Since: 9.54%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Positive
Phoenix Group demonstrated strong financial performance with significant cash generation and profit growth, leading to upgraded targets and increased dividend payouts. However, challenges remain with leverage ratios and IFRS equity volatility due to hedging strategies.Company Guidance
In the recent call, Phoenix Group showcased a strong financial performance for 2024, leading to upgrades across their financial framework. They surpassed their 2026 operating cash generation (OCG) target of £1.4 billion two years early, contributing to a total cash generation of £1.8 billion for the year. This success prompted an upgrade of their three-year cash generation target from £4.4 billion to £5.1 billion. The company also reported a solvency capital coverage ratio of 172% and maintained a 36% leverage ratio, with plans to achieve a 30% target by 2026. IFRS adjusted operating profit saw a 31% year-on-year increase to £825 million, supporting a raised 2026 profit target from £900 million to £1.1 billion. Phoenix Group also announced a 2.6% increase in the final dividend, reflecting their progressive and sustainable dividend policy. The call highlighted strategic priorities across 2025 and 2026, focusing on leveraging excess cash for deleveraging, optimizing their in-force business and balance sheet, and enhancing their operating model and culture.Cash Generation Target Achieved Early
Phoenix Group outperformed its key metric of operating cash generation (OCG), achieving its 2026 target of £1.4 billion two years early and supporting total cash generation of £1.8 billion. This led to an upgrade of the 2024-2026 total cash generation target from £4.4 billion to £5.1 billion.
Strong Financial Performance
IFRS adjusted operating profit increased by 31% year-on-year to £825 million. The group's performance supports a progressive and sustainable dividend policy, with a recommended 2.6% increase in the final dividend.
Growth in Pension and Savings
Phoenix's Workplace business delivered net inflows of £5.3 billion in 2024, a 13% increase from the previous year. Retail new business flows increased by 60% year-on-year.
Expansion in Asset Management Capabilities
Phoenix expanded its in-house asset management team significantly, which contributed to £0.5 billion in recurring management actions, boosting capital and cash generation.
Annuity Market Growth
Phoenix has a 12% share in the individual annuity market and continues to innovate with new product launches such as the Standard Life Guaranteed Fixed-term Income product.
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GB:PHNX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:PHNX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 17, 2025 | 524.00p | 580.00p | +10.69% |
| Sep 16, 2024 | 548.84p | 519.80p | -5.29% |
| Mar 22, 2024 | 441.95p | 479.06p | +8.40% |
| Sep 18, 2023 | 462.09p | 452.13p | -2.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Phoenix Group Holdings (GB:PHNX) report earnings?
Phoenix Group Holdings (GB:PHNX) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Phoenix Group Holdings (GB:PHNX) earnings time?
Phoenix Group Holdings (GB:PHNX) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Phoenix Group Holdings stock?
The P/E ratio of Phoenix Group Holdings is N/A.
What is GB:PHNX EPS forecast?
GB:PHNX EPS forecast for the fiscal quarter 2025 (Q2) is -7.9.
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