Brief: Van Lanschot Kempen FY Operating Profit Before Tax Up At 120.5 Million Euros

Van Lanschot Kempen NV

22/02/2018 06:31

Feb 22 (Reuters) - VAN LANSCHOT KEMPEN NV  VLAN.AS : 
    * FY NET RESULT EUR 112.3  MILLION VERSUS EUR 81.3 MILLION 
YEAR 
AGO 
    * FY NET PROFIT EUR  94.9 MILLION VERSUS EUR 69.8 MILLION 
YEAR AGO 
    * FY OPERATING PROFIT BEFORE TAX EUR 120.5 MILLION VERSUS 
EUR 85.8 
MILLION YEAR AGO 
    * FY CLIENT ASSETS ADD OVER 20% TO EUR 83.6 BILLION 
(YEAR-END 
2016: EUR 69.4 BILLION) 
    * MAKING GOOD PROGRESS ON ACHIEVING OUR FINANCIAL OBJECTIVES 
BY 
2020 
    * FY DIVIDEND PROPOSED: EUR 1.45 PER SHARE (2016: EUR 1.20 
PER 
SHARE) 
    * FY SOLID CAPITAL POSITION: FULLY LOADED CET I RATIO AT 
20.3% 
(2016: 18.6%) 
    * 2017 MANAGED TO WIND DOWN CORPORATE LOAN PORTFOLIO TO EUR 
0.9 
BILLION 
    * AMBITION TO RETURN AT LEAST EUR 250 MILLION TO OUR 
SHAREHOLDERS 
BEFORE END OF 2020 
 
Source text for Eikon:  ID:nGNE3sM74s  
Further company coverage:  VLAN.AS  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))