Phoenix Group Holdings Releases Strong FY22 Results

Friday, 22 March 2024, 13:28

Phoenix Group Holdings plc has reported a remarkable 13% year-on-year increase in adjusted operating profit before tax, reaching £617m for the fiscal year 2022. Furthermore, the company generated a total cash amount of £2,024m in 2023, showcasing a robust financial performance for the year.
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Phoenix Group Holdings Releases Strong FY22 Results

Phoenix Group Holdings - Annual Results Summary

Phoenix Group Holdings plc has released its latest financial results, indicating a significant growth in profits for the fiscal year 2022. The company's adjusted operating profit before tax surged by 13% compared to the previous year, amounting to £617m in FY22. Additionally, Phoenix Group reported a total cash generation of £2,024m during the financial year 2023.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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