Hardman & Co Research / GB00B00FPT80

Hardman & Co publication on Chesnara plc (CSN): Showing good operational progress
  Chesnara announced its 1H’25 results. The main features were a better-than-expected operational performance, weaker economic returns and increased central costs but improved cash generation. An Economic Value loss of £11m was behind recent figures (1H’24: profit of £20m). Alongside the dividend payment, this loss reduced the Economic Value, which declined from £531m to £517m in the first half. Cash generation of £37m was a 28% increase over the 1H’24 figure of £29m. The interim dividend, as expected, was increased by 3% to 7.70p. Post the rights issue, Chesnara joined the FTSE 250 Index.   Please click on the link below for the full report: https://hardmanandco.com/research/corporate-research/csn-showing-good-operational-progress-2/ If you are interested in meeting the company, you can register your interest by clicking on the above link.

To contact us: Hardman & Co 9 Bonhill Street London EC2A 4DJ www.hardmanandco.com Follow us on X: @HardmanandCo

Contact: Brian Moretta

bm@hardmanandco.com

Hardman & Co Research can be accessed for free under MiFID. Please click here to read the statement. About Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an Authorised Representative of Palace Ventures Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 433291) Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report.