DJ Hardman & Co Research: Chesnara plc (CSN): Market benefits overwhelm operational challenges
Hardman & Co Research Hardman & Co Research: Chesnara plc (CSN): Market benefits overwhelm operational challenges 24-May-2022 / 07:00 GMT/BST
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Hardman & Co Research: Market benefits overwhelm operational challenges Chesnara has announced its 2021 full-year results. The headline figures are good, with Economic Value earnings of GBP57.8m. Within this, there were strong positive results from economic variances. Operational variances showed the effect of the challenges to the Swedish business, in particular, although their negative contribution of GBP32.6m was a distinct improvement on the GBP49.9m loss in 2020. The final dividend increased by 3% to give a total for the year of 22.60p. On the balance sheet, the growth in Economic Value was offset by adverse movements in exchange rates; net, it shrank by 2%.
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1359353 24-May-2022
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May 24, 2022 02:00 ET (06:00 GMT)
