Chesnara has had another good year of solid delivery on its core strategic objectives. Net cash generation of £82.4m (+16%) benefitted from a maiden positive cash contribution from Movestic helping to increase the final dividend to 12.33p per share making 18.94p (+2.9%) for the full year. This is an impressive 11th successive year of annual dividend increases. The EEV NAV of £455.2m (+9%) or 360p per share reflected underlying EEV earnings of £57.5m and allowing for dividend

31 Mar 2016
Panmure - LIFE INSURANCE FLASH- 31-03-2016

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Panmure - LIFE INSURANCE FLASH- 31-03-2016
Chesnara Plc (CSN:LON) | 281 0 0.0% | Mkt Cap: 424.5m
- Published:
31 Mar 2016 -
Author:
Barrie Cornes -
Pages:
6 -
Chesnara has had another good year of solid delivery on its core strategic objectives. Net cash generation of £82.4m (+16%) benefitted from a maiden positive cash contribution from Movestic helping to increase the final dividend to 12.33p per share making 18.94p (+2.9%) for the full year. This is an impressive 11th successive year of annual dividend increases. The EEV NAV of £455.2m (+9%) or 360p per share reflected underlying EEV earnings of £57.5m and allowing for dividend