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Chesnara PLC keeping its head down and doing more of the same after 'excellent' year

John Deane, chief executive of Chesnara Plc (LON:CSN), discusses with Proactive's Andrew Scott the life and pensions company's 2017 results.

Full year profits more than doubled on the back of its acquisition of Legal and General’s Dutch insurance unit.

Deane says: ''We're really pleased with those numbers but it's not the key metric we look at''.

''We look at economic value which represents the value of our assets and our future profits - that's gone up from £600mln to £723mln over the year - that's obviously very pleasing.''

Quick facts: Chesnara PLC

Price: 328.5 GBX

LSE:CSN
Market: LSE
Market Cap: £492.95 m
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Full interview: Chesnara confident about dividends after 'steady' interims

Life and pensions group Chesnara (LON:CSN) expects to maintain its dividend policy even though current market conditions are putting pressure on the cash it generates. CEO John Deane talks Proactive London through the company's half year results with the company dividend up for the fifteenth...

on 30/8/19

2 min read