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GROWTH & VALUE

IMPLIED MARGIN OF SAFETY (beta)
SCREENS PASSED 3
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Last ex-div: 3rd Apr, paid: 3rd May more... Dividends
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FINANCIAL BRIEF: For the fiscal year ended 31 December 2012, Phoenix Group Holdings revenues decreased 82% to L1.19B. Net income totaled L392M vs. loss of L131M. Revenues reflect Phoenix Life segment decrease of 82% to L1.16B, Ignis Asset Management segment decrease of 2% to L143M. Net Income reflects Change in Reinsurers' Share of Insur. increase from L222M to L5.14B (income), Reinsurance Recoveries increase of 63% to L364M (income). more »

HEALTH TREND

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BROKER FORECASTS
31st Dec 2013
31st Dec 2014

Price Target: 679.5p (+4.91% above Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: -25.3% (£) (p) (p) (£) (p) (p)
Consensus Estimate
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8 brokers BROKER CONSENSUS & FORECAST TREND
Broker Recommendations for Phoenix Group
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 1 1 1 1 4

Named Brokers and Analysts
Keefe, Bruyette & Woods North America , Investec Bank (UK) Plc Kevin Ryan , Canaccord Genuity Ming Zhu , Berenberg Matthew Preston , and 1 unnamed other

Phoenix Group Holdings, previously the Pearl Group, is a United Kingdom-based company that acquires and manages closed life insurance businesses that are in run-off. It has two segments: life assurance (including management services) operating through Phoenix Life and asset management through Ignis Asset Management. Phoenix Life is responsible for the financial and operational management of the closed life funds with the support of the management service companies and outsource service providers. Ignis Asset Management is the Company’s asset management business providing services to its life companies as well as third party clients, including retail and institutional investors. The Phoenix group of companies is made up of eight life companies and an asset management business. Phoenix Life operates through, namely Phoenix Life Limited, Phoenix Pensions, Pearl Assurance, London Life, Phoenix & London Assurance, NPI, National Provident Life and Scottish Mutual International.

Directors: Howard Davies (Chmn.) 62, Clive Bannister (CEO) 54, Jim McConville (Fin. Dir.) , Mike Merrick (Corp. Exec.) , Chris Samuel (Corp. Exec.) , Jean Park (CRO) , Jane MacLeod (Counsel) , Alan Jones (Dir.-HR) , Fiona Clutterbuck (Other) , Gerald Watson (Secy.) ,

No. of Employees: 1,265 No. of Shareholders: 638


Last Annual December 31st, 2012
Last Interim December 31st, 2012
Shares in Issue 224,587,418
Free Float 147.0m (65.4%)
Sector Financials
Industry Insurance
Index FTSE Higher Yield , FTSE 350 Act , FTSE 250 Mid , FT350 Life Ins ,
Exchange London Stock Exchange (Full)
Eligible for an ISA? a SIPP?

PHNX SHARE PRICE PERFORMANCE PHNX QUOTE
PHNX Share Price GBp
651p
Day's Change
3.0  0.5%
Traded 4:35pm · Minimum 15 min delayed

LATEST PHNX NEWS ANNOUNCEMENTS (delayed)

UPCOMING PHNX EVENTS
Thursday 22nd August, 2013
Interim 2013 Phoenix Group Holdings Earnings Release
Friday 25th October, 2013
Phoenix Group Holdings Q3 2013 Interim Management Statement
Monday 17th March, 2014 (estimate)
Preliminary 2013 Phoenix Group Holdings Earnings Release

Recent ↓
Thursday 16th May, 2013
Phoenix Group Holdings Investor/Analysts Presentation
Friday 3rd May, 2013
Phoenix Group Holdings Q1 2013 Interim Management Statement Conference Call
Friday 3rd May, 2013
Phoenix Group Holdings Q1 2013 Interim Management Statement
Thursday 2nd May, 2013
Phoenix Group Holdings Annual General Meeting
Wednesday 3rd April, 2013
Dividend For PHNX.L
Friday 22nd March, 2013
Preliminary 2012 Phoenix Group Holdings Earnings Conference Call
Friday 22nd March, 2013
Preliminary 2012 Phoenix Group Holdings Earnings Release
Tuesday 19th February, 2013
Phoenix Group Holdings Extraordinary General Meeting
Wednesday 31st October, 2012
Phoenix Group Holdings Q3 Interim Management Statement
Wednesday 31st October, 2012
Phoenix Group Holdings Q3 Interim Management Statement Conference Call


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