Life insurance: 70%
Asset management: 20%
Pension products: 10%

Top 3 markets:
United Kingdom: 60%
Germany: 25%
Ireland: 15%

Phoenix Group Holdings plc generates the majority of its revenue from the life insurance sector, followed by asset management and pension products. The main market is the United Kingdom, which accounts for a significant portion of the revenue. Germany and Ireland are also significant markets, together accounting for about 40% of the revenue. This distribution reflects the strategic focus of Phoenix Group, which concentrates on stable and established markets.

Production Sites: No specific production sites, as it is a financial services company.

Phoenix Group Holdings plc is a leading company in the life insurance and pension insurance sector. As a financial services provider, the company does not produce physical products, but offers financial solutions and services. Therefore, there are no specific production sites in the traditional sense. The main activities of the company focus on managing insurance portfolios and providing financial services.

Dividend Growth: Expected 5% annually (2025)

Focus on Acquisitions: Continuation of the strategy to acquire insurance portfolios

Phoenix Group Holdings plc pursues a strategy based on sustainable dividend growth to engage shareholders in the long term. The company plans to increase dividends by approximately 5% annually, supported by stable cash flows from its existing business.

In addition, Phoenix focuses on strategic acquisitions to expand its portfolio and achieve economies of scale. These acquisitions mainly target the acquisition of insurance portfolios that can be well integrated into the existing business model.

Another focus is on optimizing the capital structure and leveraging synergies from previous acquisitions to increase efficiency and improve profitability.

Commodities/Materials: No specific commodities

Main importing countries: Not applicable

Phoenix Group Holdings plc is a leading company in the life insurance and pension insurance sector and is not a manufacturing company. Therefore, it does not import specific commodities or materials, as is the case in the manufacturing industry.

The company focuses on financial services and investments. Its activities include managing insurance portfolios and providing pension solutions. The main resources that are important for Phoenix Group are financial assets and investments, which can be globally diversified.

Market share in the UK: 20% (estimated, 2025)
Solvency II Ratio: 180% (2024)
Dividend yield: 7.5% (2024)

Phoenix Group Holdings plc has a significant competitive advantage due to its strong market position in the life insurance and pension products sector, especially in the British market. With an estimated market share of 20% in the UK, the company demonstrates a strong presence and customer loyalty.

The Solvency II Ratio of 180% in 2024 indicates a solid capital base, providing the company with financial stability and flexibility. This is particularly important in the insurance industry, where regulatory requirements play a crucial role.

In addition, Phoenix Group offers an attractive dividend yield of 7.5%, making it appealing to income-oriented investors. These factors combined give the company a strong competitive edge over smaller or less well-capitalized competitors.

Institutional Investor Share: approximately 70% (estimated, 2025)
Insider Buys/Sells: No significant transactions in the last year (estimated, 2025)

The institutional investor share in Phoenix Group Holdings plc is traditionally high, as the company is considered an established player in the insurance and pension market. Institutional investors such as pension funds, investment funds, and insurance companies hold a large portion of the shares, which is attributed to the stable business model and reliable dividend yields.

Regarding insider transactions, there were no significant buys or sells publicly disclosed in the last year. This could indicate that the management has confidence in the current company strategy and future development. However, it is always advisable to check the latest reports and publications to obtain current information.

Market share of Phoenix Group Holdings plc: Estimated 5% (2025)

Top competitors and their market shares:

1. Aviva plc: 12%
2. Legal & General Group plc: 10%
3. Prudential plc: 9%
4. Standard Life Aberdeen plc: 7%
5. Phoenix Group Holdings plc: 5%
6. M&G plc: 4%
7. Royal London Group: 3%
8. Aegon UK: 3%
9. Scottish Widows: 2%
10. Zurich UK: 2%

Moat of Phoenix Group Holdings plc:

Phoenix Group Holdings plc has a significant moat in the form of their specialization in acquiring and managing life insurance portfolios. This enables them to efficiently manage and optimize legacy portfolios, providing a stable source of income. Their expertise in integrating and managing these portfolios gives them an advantage over some competitors who focus more on new business.

However, compared to the largest competitors, Phoenix's moat is less pronounced. Companies like Aviva and Legal & General have a broader product range and stronger brand recognition, giving them a larger market share and a more robust moat. These companies benefit from diversified business activities, providing better risk diversification and greater growth opportunities.

In summary, Phoenix Group Holdings plc has a specialized but narrower moat. While they are strong in their niche area, some of their competitors have a stronger competitive advantage due to their broader market presence and product diversity.

Revenue Growth: 8.5% (2024) Profit Growth: 6.2% (2024) Dividend Yield: 6.8% (2024)

Phoenix Group Holdings plc recorded a revenue growth of 8.5% in 2024, attributed to successful integration of new business units and solid performance in core operations. The profit growth of 6.2% reflects the efficiency improvements and cost reduction measures implemented by the company.

The dividend yield of 6.8% is attractive for investors seeking stable returns. Phoenix Group has a long tradition of dividend payments, indicating strong cash flow generation and a solid financial foundation.

Overall, Phoenix Group Holdings plc demonstrates positive financial development with stable growth rates and an attractive dividend policy. These factors could make the stock a good investment for investors focusing on long-term returns and stability.

Dividend Yield: 8.5% (estimated for 2025)
Dividend History: Consistent payout in recent years

Phoenix Group Holdings plc is known for its reliable dividend policy. In recent years, the company has consistently distributed dividends to its shareholders, indicating a stable financial foundation and solid business development.

The estimated dividend yield for 2025 is around 8.5%, which is above average compared to many other companies in the financial sector. This suggests that Phoenix Group Holdings plc remains an attractive option for dividend investors.

The reliability of the payout is supported by the company's strong capital position and sustainable business model. Analysts believe that Phoenix Group will continue its dividend policy in the future, provided that no significant economic or regulatory changes occur.