Chesnara has had a busy but successful 2016. It has continued to deliver good IFRS pre-tax profit and strong cash generation that, in turn, has enabled it to increase the full year dividend to 19.49p (+2.9%). The Economic Value (EcV) has increased to £602.6m (+33%) helped by the £70m capital raise and EcV earnings of £72.5m (+26%). The year-end EcV on a per share basis was 403p/share (2015: 360p) and this is set to increase further in 2017 with the gain on completion from th ....