Brief: Van Lanschot Kempen NV H1 Net Result At EUR 39.3 Million

Van Lanschot Kempen NV

22/08/2018 06:34

Aug 22 (Reuters) - Van Lanschot Kempen NV  VLAN.AS :
    * H1 NET RESULT AT €39.3 MILLION (H1 2017: €62.3 MILLION)
    * SPECIAL CAPITAL RETURN PROPOSAL OF €1.50 PER SHARE
    * END-H1 AUM ENDED UP AT €69.1 BILLION, COMPARED WITH €69.0
BILLION AT YEAR-END 2017
    * H1 CET1 RATIO RECORDED STRONG INCREASE TO 21.4% FROM
20.3%;
RETURN ON EQUITY AMOUNTED TO 8.7%.
    * H1 UNDERLYING NET RESULT AT €47.2 MILLION (H1 2017: €69.6
MILLION)
    * STRONG 13% INCREASE IN H1 COMMISSION INCOME
    * AIM IS TO RETURN AT LEAST €250 MILLION TO SHAREHOLDERS IN
THE
PERIOD UP TO AND INCLUDING 2020

Source text : https://bit.ly/2BzHKJV
Further company coverage:  VLAN.AS 

 (Gdynia Newsroom)
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))