Phoenix Group Holdings Plc announces trading update

  • Nov 28, 2019 GMT
  • Team Kalkine
  • 2019 cash generation was at £707 million compared to £664 million in 2018
  • There was £440 million of incremental long-term cash generation from new businesses
  • Liquid assets to the tune of £1 billion and with average A+ credit rating has been sourced in the year to date
  • On 28 November 2019, PHNX shares were trading at GBX 736.10 at GMT 10:30 AM, up 2.70 points or 0.37% from the previous day’s closing price level

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