CSN Chesnara PLC

Hardman & Co Research on Chesnara Plc (CSN): Steady as she goes!

Hardman & Co Research
Hardman & Co Research on Chesnara Plc (CSN): Steady as she goes!

26-Sep-2024 / 08:15 GMT/BST
The issuer is solely responsible for the content of this announcement.


Hardman & Co Research on Chesnara Plc (CSN): Steady as she goes!

 

Chesnara has announced its 1H’24 results. The main features were positive equity market returns, offset to some extent by further adverse lapse experience. Economic Value profit of £20.2m was behind the 1H’23 result of £32.6m (excl. acquisitions). Economic Value saw a small decline to £508m, from £525m at the year-end, with the dividend payment and forex losses offsetting the earnings. Cash generation was solid, with base cash of £19.6m and commercial cash generation of £29.2m. The interim dividend, as expected, was increased by 3% to 8.61p. This will be the 20th consecutive year of dividend increases.

 

Please click on the link below for the full report:

 

If you are interested in meeting the company, you can register your interest by clicking on the above link.

To contact us:

Hardman & Co

9 Bonhill Street

London

EC2A 4DJ


Follow us on X:

Contact:

Brian Moretta


 

 



 

Hardman & Co Research can be accessed for free under MiFID. Please to read the statement.

About Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report.



Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

1995923  26-Sep-2024 

fncls.ssp?fn=show_t_gif&application_id=1995923&application_name=news&site_id=research_pool~~~9efe1c65-8ece-4ff7-9608-f21c8e0a38a3
EN
26/09/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Chesnara PLC

Brian Moretta
  • Brian Moretta

Chesnara plc: Happy new acquisition

After an interval of 18 months, Chesnara announced a new acquisition just before Christmas. Although relatively small, it is another positive step for the company. The deal is a further acquisition from Canada Life UK, this time a portfolio of unit-linked bonds and legacy pension business, consisting of ca.17,000 policies and £1.5bn of AUM. The portfolio will transfer into Chesnara’s UK business, Countrywide Assured. Expected completion is at the end of 2025, subject to the Part VII transfer get...

 PRESS RELEASE

Hardman & Research on Chesnara plc: Happy new acquisition

Hardman & Co Research Hardman & Research on Chesnara plc: Happy new acquisition 09-Jan-2025 / 09:20 GMT/BST The issuer is solely responsible for the content of this announcement. Hardman & Co Research on Chesnara plc: Happy new acquisition  After an interval of 18 months, Chesnara announced a new acquisition just before Christmas. Although relatively small, it is another positive step for the company. The deal is a further acquisition from Canada Life UK, this time a portfolio of unit-linked bonds and legacy pension business, consisting of ca.17,000 policies and £1.5bn of AUM. T...

Chesnara: 1 director

A director at Chesnara bought 10,000 shares at 258p and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing C...

 PRESS RELEASE

Hardman & Co Q&A on Chesnara plc (CSN): 2024 interim results a steady ...

Hardman & Co Research Hardman & Co Q&A on Chesnara plc (CSN): 2024 interim results a steady performance 11-Oct-2024 / 09:50 GMT/BST The issuer is solely responsible for the content of this announcement. Hardman & Co analyst interview | Life assurance Q&A on Chesnara plc (CSN) | 2024 interim results a steady performance Chesnara plc is the topic of conversation when Hardman & Co analyst, Brian Moretta joins DirectorsTalk. In this interview with Brian, key insights are provided on Chesnara plc following the release of its 2024 interim results. The interview touches on Chesnara’s...

Brian Moretta ... (+4)
  • Brian Moretta
  • Keith Hiscock
  • Mark Thomas
  • Martin Hall

Hardman & Co Monthly: October 2024

Feature article: Labour’s first Budget - Investors in their sights? Summary ► Budgets are always important for investors. ► The imminent Budget, at the end of October, will be doubly so, because it is the first from the new Labour government, and it has already signalled the need to fill an alleged £22bn black hole, while ruling out changes to more than half the tax base. That implies a lot of the pain will be felt by investors. ► This paper considers the impact of increases in rates for th...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch