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Chesnara PLC keeping its head down and doing more of the same after 'excellent' year

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 pleased with those numbers but it's not the key metric we look at''.

''We look at economic value which represents the value of our assets and our future profits - that's gone up from £600mln to £723mln over the year - that's obviously very pleasing.''

Quick facts: Chesnara PLC

Price: 274 GBX

LSE:CSN
Market: LSE
Market Cap: £411.21 m
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Chesnara boss hails significant boost to profits and cash generation

John Deane, chief executive of Chesnara Plc (LON:CSN) discusses with Proactive their first half performance. Interim figures revealed the transformational impact its latest acquisition had on the firm as they unveiled a leap in profits and cash generation. One of the main drivers...

on 31/8/17

2 min read