leadf
logo-loader
viewChesnara PLC

Chesnara PLC cashed up and looking for more deals - CEO John Deane

Chesnara PLC's (LON:CSN) chief executive John Deane talks Proactive's Andrew Scott through their 2018 results.

Economic value fell 13% to £626mln due to falling bond and equity prices and a stronger pound with an economic loss for the year of £60.9mln.

The dividend for the year rose 3% to 20.67p and its solvency ratio strengthened to 158% of its regulatory requirement following the cash generation of £47.8mln.

Deane says they're now in a strong position to make more acquisitions.

Quick facts: Chesnara PLC

Price: 291.4299 GBX

LSE:CSN
Market: LSE
Market Cap: £437.34 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Chesnara PLC named herein, including the promotion by the Company of Chesnara PLC in any Content on the Site, the Company receives from said...

FOR OUR FULL DISCLAIMER CLICK HERE

Chesnara raises dividend in 'extraordinary half year'

Chesnara PLC's (LON:CSN) John Deane joins Proactive London to discuss their latest results.  The company’s solvency ratio also rose to 166% compared to 155% at the end of September. Deane refers to the 'extraordinary half year' and believes there will be an impact on new business as a...

on 29/9/20

2 min read