Chesnara (LON:CSN – Get Free Report) released its earnings results on Tuesday. The company reported GBX (5.05) EPS for the quarter, Digital Look Earnings reports. Chesnara had a negative return on equity of 2.43% and a negative net margin of 1.01%.
Here are the key takeaways from Chesnara’s conference call:
- The group completed the acquisition of HSBC Life UK (now Chesnara Life) in January and expects it to add over GBP 800 million of future lifetime cash flows, with pro forma own funds rising to around GBP 1 billion.
- Chesnara announced the proposed acquisition of Scottish Widows Europe, expected to complete around end‑2026 and to add about EUR 250 million of lifetime cash flows and broaden its European footprint.
- Financial performance strengthened: operating capital generation rose 19% to GBP 94m, adjusted operating profit increased 42% to GBP 56m, and own funds grew 34% to GBP 859m, with a solvency coverage ratio at 257%.
- Management raised returns to shareholders with a 6% increase in the final 2025 dividend to 14.8p per share and expects the 2026 interim dividend to rise by a further 6%.
- The balance sheet and liquidity position provide immediate firepower for further M&A (management says they can self‑fund another Scottish Widows Europe‑sized deal of ~GBP 100m) while maintaining solvency comfortably above the group’s operating range.
Chesnara Stock Down 0.7%
Chesnara stock opened at GBX 289.39 on Thursday. The company has a fifty day simple moving average of GBX 309.16 and a 200-day simple moving average of GBX 290.53. The firm has a market capitalization of £668.29 million, a price-to-earnings ratio of -68.56 and a beta of 0.49. Chesnara has a 52-week low of GBX 238 and a 52-week high of GBX 335.
Insider Transactions at Chesnara
About Chesnara
Chesnara (CSN.L) is a European life and pensions consolidator listed on the London Stock Exchange. It administers approximately one million policies and operates as Countrywide Assured in the UK, as The Waard Group and Scildon in the Netherlands, and as Movestic in Sweden.
Following a three-pillar strategy, Chesnara’s primary responsibility is the efficient administration of its customers’ life and savings policies, ensuring good customer outcomes and providing a secure and compliant environment to protect policyholder interests.
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