Chesnara PLC cashed and looking for better deals – John Deane, CEO



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Chesnara PLC General Manager (LON: CSN), John Deane, tells Proactive's Andrew Scott his results for 2018.

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

The dividend for the year increased 3% to 20.67% and its solvency ratio reached 158% of its regulatory requirement as a result of cash generation of £ 47.8 million.

Deane says that they are now in a strong position to make more acquisitions.

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