The H1 results from Chesnara show that despite the Brexit inspired impact of lower interest rates the company can still deliver good cash generation (H1 2016: £13.6m), an improved solvency position and yet another increase in the dividend to 6.80p/share (+2.9%) – the 12th successive rise in interim dividends. A virtually seamless move from the EEV concept to Economic Value (EcV) at £459.9m (31 Dec 2015: £453.4m) or 364p/share (31 Dec 2015: 359p/share) reinforces our vi

31 Aug 2016
Continued delivery despite lower interest rates

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Continued delivery despite lower interest rates
Chesnara Plc (CSN:LON) | 282 0 0.0% | Mkt Cap: 649.3m
- Published:
31 Aug 2016 -
Author:
Barrie Cornes -
Pages:
5 -
The H1 results from Chesnara show that despite the Brexit inspired impact of lower interest rates the company can still deliver good cash generation (H1 2016: £13.6m), an improved solvency position and yet another increase in the dividend to 6.80p/share (+2.9%) – the 12th successive rise in interim dividends. A virtually seamless move from the EEV concept to Economic Value (EcV) at £459.9m (31 Dec 2015: £453.4m) or 364p/share (31 Dec 2015: 359p/share) reinforces our vi