Business
Hardman & Co Research on Chesnara Plc (CSN)...
Hardman & Co Research on Chesnara Plc (CSN)....
About this update from Chesnara Plc
[{"type":"text","content":"\n \n\n\nHardman & Co Research\n\n\n\nHardman & Co Research on Chesnara Plc (CSN): Robust cash generation in challenging markets12-Sep-2022 / 07:15 GMT/BST\n\n\nHardman & Co Research on Chesnara Plc (CSN): \n\nRobust cash generation in challenging markets\n\n \n\nChesnara has announced its 2022 half-year results. With weak equity markets and rising interest rates and credit spreads, the risk asset exposure weighed on results. Economic Value profit came in at a loss of £89.6m, compared with a profit of £38.5m in 1H’21. The balance sheet Economic Value also reduced from 416p at the year-end to 351p at 30 June 2022. Group cash generation, the movement in its surplus, was much more robust. Base generation for the group was £21.9m, more than the figure for 2021 as a whole. As expected, the interim dividend was increased by 3% to 8.12p per share.\n\n \n\nPlease click on the link below for the full report:\n\nhttps://hardmanandco.com/research/corporate-research/robust-cash-generation-in-challenging-markets/ \n\nIf you are interested in meeting the company, you can register your interest by clicking on the above link\n\n\n To contact us:\n\n Hardman & Co1 Frederick’s Place\n\n London\n\n EC2R 8AE\n\n www.hardmanandco.com\n\n Follow us on Twitter @HardmanandCo\n \n \n Contact:\n\n Brian Moretta\n\n +44(0)203 693 7075\n \n \n \n\n [email protected] \n \n Hardman & Co Research can still be accessed for free after MiFID II. Please click here to read the statement.\n\nAbout Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDissemination of a CORPORATE NEWS, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.\n\n\n\nEnd of Announcement - EQS News Service\n\n\n\n1439765 12-Sep-2022 \n\n\n\n ","length":6939,"tagName":"div"}]