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'It's been a very important and exciting year for us' says Chesnara's John Deane

John Deane, chief executive of Chesnara Plc (LON:CSN) tells Proactive 2016 was an important year for them as a company: ''We've made progress across a number of fronts ... the acquisition [of Legal and General’s Dutch insurance business] will complete by April 6''.

''It will add £56mln of economic value to us as a company and increase the cash generation going forward'', Deane says.

The company lifted its final dividend 2.9% to 12.69p per share from 12.33p per share and posted profit before tax of £40.7mln for the year to 31 December, compared to £42.8mln the previous year.

Quick facts: Chesnara PLC

Price: 274 GBX

Market: LSE
Market Cap: £411.21 m

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Chesnara PLC keeping its head down and doing more of the same after...

John Deane, chief executive of Chesnara Plc (LON:CSN), discusses with Proactive's Andrew Scott the life and pensions company's 2017 results. Full year profits more than doubled on the back of its acquisition of Legal and General’s Dutch insurance unit. Deane says: ''We're really...

on 30/3/18

2 min read