Hardman & Co Research on Chesnara plc: Showing good operational progress

Summary by AI BETAClose X

Chesnara's 1H'25 results revealed a weaker economic return, with an Economic Value loss of £11m compared to a profit of £20m in 1H'24. This loss, alongside dividend payments, contributed to a decline in Economic Value from £531m to £517m during the first half. However, cash generation improved, reaching £37m, a 28% increase from the £29m reported in 1H'24. The interim dividend increased by 3% to 7.70p as expected. Following a rights issue, Chesnara was included in the FTSE 250 Index.

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Chesnara (CSN)
UK 100

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