logo
Plus   Neg
Share
Email

Phoenix Group Holdings: 2019 Cash Generation Ahead Of Target - Quick Facts

Phoenix Group Holdings (PHNX.L), the largest life and pensions consolidator in Europe, reported 707 million pounds of cash generation in 2019 compared to 664 million pounds, prior year, exceeding the upper end of the 2019 cash generation target range of 600 million pounds to 700 million pounds. Solvency II surplus was at 3.0 billion pounds as at 30 September 2019, unchanged from 30 June 2019.

Phoenix remains on track to deliver 1.2 billion pounds total synergy target for the Standard Life Assurance businesses transition.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Golden Pearl Trading Corp. is recalling certain ready-to-eat or RTE imported Siluriformes products that were produced without benefit of import inspection, the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced. The recall involves around 12,054 pounds of Siluriformes products that were not presented for import re-inspection into the United States. The U.S. Food and Drug Administration has granted accelerated approval to Tazverik for the treatment of adults and pediatric patients aged 16 years and older with metastatic or locally advanced epithelioid sarcoma not eligible for complete resection. Epithelioid sarcoma is a rare sub-type of soft... STIHL recalls about 16,400 STIHL RE 90 pressure washers due to injury hazard. According to the company, the recalled pressure washer nozzle can disconnect from the spray wand when under pressure during use, posing an injury hazard. STIHL said it received seven reports of the nozzle detaching from...
Follow RTT
>