Van Lanschot Kempen: 2018 net profit of over €80 million
Net profit comes in at €80.3 million (2017: €94.9 million) in the wake of lower interest income among other factors. Underlying net result is €103.0 million (2017: €112.3 million) Commission income up 10% on solid AuM base and robust results at Merchant Banking Increased cost focus translates into lower costs…
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