Brief: Van Lanschot Kempen FY Underlying Net Result Down At 103.0 Million Euros

Van Lanschot Kempen NV

21/02/2019 06:49

Feb 21 (Reuters) - VAN LANSCHOT KEMPEN NV  VLAN.AS :
    * REG-VAN LANSCHOT KEMPEN: 2018 NET PROFIT OF OVER EUR 80
MILLION
    * DIVIDEND PROPOSAL OF €1.45 PER SHARE (2017: €1.45 PER
SHARE)
    * FY FULLY LOADED CET 1 REMAINS STRONG AT 21.4% (2017:
20.3%)
    * FINANCIAL OBJECTIVES REVISITED FOR 2023, EFFICIENCY TARGET
ADJUSTED TO 70-72%
    * FY FULLY LOADED CET 1 REMAINS STRONG AT 21.4% (2017:
20.3%)
    * FY NET PROFIT COMES IN AT €80.3 MILLION (2017: €94.9
MILLION)
    * FY UNDERLYING NET RESULT IS €103.0 MILLION (2017: €112.3
MILLION)
    * NEGATIVE STOCK MARKET PERFORMANCE PUSHES FY NET CLIENT
ASSETS
DOWN TO €81.2 BILLION (2017: €83.6 BILLION)
    * AIMS FOR A NET COST LEVEL OF AROUND €390 MILLION IN 2019

Source text for Eikon:  ID:nGNE75BykT 
Further company coverage:  VLAN.AS 

 (Gdynia Newsroom)
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