Hardman & Co Research Analyzes Chesnara plc's 1H'25 Results

Chesnara plc reported its 1H'25 results, highlighting key operational developments. The company showed better-than-expected operational performance, despite weaker economic returns and rising central expenses. However, cash generation improved significantly.

The Economic Value saw a decline of £11m, contrasting with a £20m profit recorded in 1H'24. As a result, the Economic Value dropped from £531m to £517m in the first half. Conversely, cash generation increased by 28% to £37m, up from £29m in the same period last year. Chesnara also announced a 3% rise in its interim dividend to 7.70p.

Following a successful rights issue, Chesnara has now joined the FTSE 250 Index. For more detailed insights, access the full Hardman & Co report via their website.