CSN Chesnara PLC

Hardman & Co research on Chesnara plc (CSN): Showing good operational progress

Hardman & Co Research
Hardman & Co research on Chesnara plc (CSN): Showing good operational progress

07-Apr-2025 / 14:20 GMT/BST
The issuer is solely responsible for the content of this announcement.


Hardman & Co Research on Chesnara plc (CSN):

Showing good operational progress

 

Chesnara announced its 2024 results, which showed positive progress compared with 2023. The main features were positive market returns, offset by some mixed operational experience. Economic Value profit of £69.1m represented a 17% increase on the £59.1m in 2023. Economic Value increased to £531m, up slightly on £525m 12 months earlier, with a negative forex impact as well as dividend payment. Cash generation was excellent, with base cash increasing to £51.6m and commercial cash to £59.6m. The dividend, as expected, was increased by 3% to 24.69p. This is the 20th consecutive year of dividend increases.

 

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End of Announcement - EQS News Service

2112708  07-Apr-2025 

EN
07/04/2025

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