Chesnara has delivered yet another good H1 performance helped by the Waard Group acquisition that completed in May. Net cash generation of £56.7m (H1 2014: £15.6m) included a one off benefit from Waard Group of £39.9m, whilst operating activities contributed £15.3m including an inaugural positive contribution from Movestic. The interim dividend increased by 3.0% to 6.61p/share whilst the EEV NAV at 30 June was 349.1p/share (H1 2014: 348.5p/share). The pre-tax IFRS prof
28 Aug 2015
Panmure Research - Chesnara Flash 28-08-15
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Panmure Research - Chesnara Flash 28-08-15
Chesnara Plc (CSN:LON) | 325 -3.2 (-0.3%) | Mkt Cap: 749.9m
- Published:
28 Aug 2015 -
Author:
Barrie Cornes -
Pages:
6 -
Chesnara has delivered yet another good H1 performance helped by the Waard Group acquisition that completed in May. Net cash generation of £56.7m (H1 2014: £15.6m) included a one off benefit from Waard Group of £39.9m, whilst operating activities contributed £15.3m including an inaugural positive contribution from Movestic. The interim dividend increased by 3.0% to 6.61p/share whilst the EEV NAV at 30 June was 349.1p/share (H1 2014: 348.5p/share). The pre-tax IFRS prof