Chesnara PLC (LSE:CSN, FRA:6DE) (LSE:CSN, FRA:6DE) John Deane joins Proactive London's Katie Pilbeam to talk about their half-year performance for the life and pensions group.
The dividend again rose by 3%, the 17th annual increase as Deane explains and the group completed another acquisition in the Netherlands and have successfully transferred the policies onto the systems of Waard.
Statutory pre-tax profits for the half-year to end June 2021 were £20.8mln (£9.1mln loss) while net income was £1.9mln (£15.1mln) reflecting a £15.9mln foreign exchange loss.
This is Deane's last interview with Proactive after announcing he will be stepping down and Steve Murray will take over the reins as chief executive once UK approvals have been given.