Chesnara ( (GB:CSN) ) has provided an update.
Chesnara plc reported strong financial results for 2024, with a 14% increase in cash generation to £60m and a robust solvency coverage ratio of 203%. The company continues its 20-year streak of dividend growth, proposing a 3% increase in the final dividend. The acquisition of a Canada Life portfolio contributed to a £69m growth in Economic Value earnings, enhancing Chesnara’s strategic position and providing flexibility for future M&A activities.
More about Chesnara
Chesnara plc is a European life and pensions consolidator listed on the London Stock Exchange. It administers nearly one million policies and operates under different brands in the UK, Netherlands, and Sweden. The company focuses on efficiently managing life and savings policies, writing profitable new business, and acquiring value-adding companies or portfolios.
YTD Price Performance: 5.48%
Average Trading Volume: 179,690
Technical Sentiment Signal: Strong Sell
Current Market Cap: £421.3M
For a thorough assessment of CSN stock, go to TipRanks’ Stock Analysis page.