Brief: Van Lanschot Kempen Pushes Back 2023 Financial Targets To 2025

Van Lanschot Kempen NV

25/02/2021 07:16

Feb 25 (Reuters) - Van Lanschot Kempen NV  VLAN.AS :
    * FY NET PROFIT 49.8 MILLION EUR
    * END-FY RECORD NET INFLOWS OF EUR 1.4 BILLION AT PRIVATE
BANKING
    * END-FY CAPITAL RATIO INCREASES TO 24.3%
    * PROPOSED DIVIDEND OF EUR 0.70 PER SHARE (2019: EUR 1.45
PER
SHARE)
    * FY INCOME FROM OPERATING ACTIVITIES EUR 434.0 MILLION
VERSUS EUR
508.7 MILLION YEAR AGO
    * FY GROSS RESULT EUR 62.2 MILLION VERSUS EUR 124.7 MILLION
YEAR
AGO
    * GIVEN THE CURRENT CIRCUMSTANCES RELATED TO COVID-19 AND
THE
PERSISTENT LOW INTEREST RATE ENVIRONMENT, WE ARE CHANGING THE
TIMEFRAME FOR OUR FINANCIAL TARGETS FROM 2023 TO 2025
    * FINANCIAL TARGETS REMAIN UNCHANGED

Source text for Eikon:  ID:nGNE9Vymml 
Further company coverage:  VLAN.AS 

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