Half Year 2021 Phoenix Group Holdings PLC Earnings Call Transcript
Good morning, everybody, and welcome to Phoenix Group's half year results.
Phoenix has made great progress against our strategic priorities in the first half. We've reported strong cash generation and maintained our resilient balance sheet. Key highlights include the sale of Ark Life, the harmonized internal model application submission and the Fitch ratings upgrade. We've delivered increased new business long-term cash generation and taken ownership of the Standard Life brand. We also continued to remain focused on delivering for our customers and our people. And we are making good progress with our sustainability strategy on our path to becoming net zero carbon and fulfilling our purpose of helping people secure a life of possibilities. I will talk in detail about our progress against each of these strategic priorities shortly, but first I will cover the financial highlights.
We have once again delivered on our key attributes of cash, resilience and growth during the first half of 2021. Rakesh will cover this
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