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Chesnara PLC cashed up and looking for more deals - CEO John Deane

Chesnara PLC's (LON:CSN) chief executive John Deane talks Proactive's Andrew Scott through their 2018 results.

Economic value fell 13% to £626mln due to falling bond and equity prices and a stronger pound with an economic loss for the year of £60.9mln.

The dividend for the year rose 3% to 20.67p and its solvency ratio strengthened to 158% of its regulatory requirement following the cash generation of £47.8mln.

Deane says they're now in a strong position to make more acquisitions.

Quick facts: Chesnara PLC

Price: 286.7878 GBX

LSE:CSN
Market: LSE
Market Cap: £430.37 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