Phoenix Hldgs Ltd operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Phoenix Hldgs Ltd with three other
companies in this sector in Israel:
Menora Mivtachim Holdings Ltd
sales of 10.02 billion Israel Shekels [US$2.71 billion]
of which 61%
was Life Insurance & LT Savings),
Harel Insurance Investments & Financial Services Ltd
(18.41 billion Israel Shekels [US$4.99 billion]
of which 56%
was Life Insurance & Long Term Savings), and
Migdal Insurance & Financial Holdings Limited
(24.00 billion Israel Shekels [US$6.50 billion]
of which 82%
was Life Insurance & Long Term Savings).
Phoenix Hldgs Ltd reported sales of 15.45 billion Israel Shekels (US$4.18 billion)
December of 2017.
increase of 20.8%
versus 2016, when the company's sales were 12.79 billion Israel Shekels.
This was the third consecutive year of growth at Phoenix Hldgs Ltd.
Sales of Unallocated saw an increase
that was more than double the company's growth rate: sales were up
60.0% in 2017, from
126.81 million Israel Shekels to 202.92 million Israel Shekels.
Phoenix Hldgs Ltd also saw significant increases in sales in
Life Insurance and Lt Savings (up 29.2% to 10.33 billion Israel Shekels)
Not all segments of Phoenix Hldgs Ltd experienced an increase in sales in 2017:
sales of Financial Services fell 8.1% to 298.64 million Israel Shekels.
(However, this segment's sales were only a very small portion of the company's overall sales).