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CSN — Chesnara News Story

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FinancialsConservativeMid CapTurnaround

UK's Chesnara rises after strong first-half capital generation

BUZZ-UK's Chesnara rises after strong first-half capital generation

** Shares of Chesnara CSN.L up 4.7% at 345.5p

** The British life, pensions and investment firm reports first-half operating capital generation of £96 million ($130.78 million), up 79% year-on-year

** Company says it continues to see attractive opportunities to grow the business, supported by a healthy M&A pipeline and disciplined execution across the group

** Declares 6% increase in its interim dividend to 8.16p per share

** Chesnara stock up ~10%, YTD


($1 = 0.7341 pounds)


(Reporting by Krisha Bhatt in Bengaluru)

((krisha.bhatt@thomsonreuters.com))

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