Brief: Van Lanschot Kempen H1 Net Result Up At 83.6 Million Euros

Van Lanschot Kempen NV

27/08/2019 06:39

Aug 27 (Reuters) - VAN LANSCHOT KEMPEN NV  VLAN.AS :
    * REG-VAN LANSCHOT KEMPEN: NET PROFIT OF OVER €83 MILLION
AND
CAPITAL RETURN PROPOSAL
    * H1 UNDERLYING NET RESULT AMOUNTS TO EUR 92.5 MILLION (H1
2018:
EUR 47.2 MILLION)
    * CAPITAL RETURN PROPOSAL IN THE AMOUNT OF €1.50 PER SHARE
    * H1 FULLY LOADED CET 1 RATIO INCREASES TO 22.7% (2018:
21.4%)
    * H1 UNDERLYING NET RESULT AMOUNTS TO €92.5 MILLION (H1
2018:
€47.2 MILLION)
    * PRESSURE ON INTEREST INCOME WILL INCREASE IF MARKET RATES
FALL
FURTHER
    * WE WILL CONTINUE TO OPTIMISE OUR CAPITAL BASE GOING
FORWARD,
WHILE LEAVING ROOM FOR POSSIBLE ACQUISITIONS

Source text for Eikon:  ID:nGNEgmY6J 
Further company coverage:  VLAN.AS 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;))