Hardman & Co Research / GB00B00FPT80
11.04.2024 - 11:23:05Hardman & Co Research on Chesnara plc (CSN): Good 2023 results set platform for future progress
Hardman & Co Research Hardman & Co Research on Chesnara plc (CSN): Good 2023 results set platform for future progress 11-Apr-2024 / 10:23 GMT/BST The issuer is solely responsible for the content of this announcement. Hardman & Co Research on Chesnara plc (CSN): Good 2023 results set platform for future progress Chesnara has announced its 2023 results. Positive returns from equity markets and gains from acquisitions in the first half were somewhat offset by adverse changes to operating assumptions in the second. Economic Value profit of £59.1m marked a good turnaround from a loss of £85.1m in 2022. Economic Value of £524.7m was 2% higher than a year ago, reflecting the dividend payment and forex effects. The final dividend of 15.61p brought the full year up to 23.97p, a 3% increase over the previous year. Cash generation was good with base cash generation of £32.6m and commercial cash generation of £53.0m. Please click on the link below for the full report: https://hardmanandco.com/research/corporate-research/csn-good-2023-results-set-platform-for-future-progress/ If you are interested in meeting the company, you can register your interest by clicking on the above link
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