Phoenix Group's Financial Turnaround and New Dividend Policy
Friday, 22 March 2024, 08:08
Phoenix Group's Financial Transformation
The Phoenix Group recently announced a significant milestone in its financial journey, transitioning from a loss to a £20 million pre-tax profit. This achievement underscores the company's strategic initiatives aimed at operational efficiency and sustainable growth.
New Dividend Policy
In addition to the financial turnaround, Phoenix Group introduced a new dividend policy described as 'more progressive.' This move aligns with the company's commitment to enhancing shareholder value and building long-term investor confidence.
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