Van Lanschot
stable performance in challenging markets - Seite 2
"Our strategy update in April 2016 marked the start of the next phase of our wealth management strategy. Under the €60 million IT investment programme, we will invest in our omnichannel service to our Private Banking clients and continue the transformation of our IT landscape. The spending programme will run up to and including 2019 and should help us cut costs in the longer term. Meanwhile, we will proceed with our specialist niche approach in our core activities and have in fact just tapped into a new niche with Merchant Banking's Financial Institutions & FinTech."
[1] The underlying net result in H1 2016 was the net result adjusted for the one-off charge of €8 million related to the derivatives recovery framework and the cost incurred for the Strategy 2020 investment programme.
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[2] H1 2016 phase-in, excluding retained earnings; year-end 2015 including retained earnings.
FINANCIAL REPORT/PRESENTATION/WEBCAST
For a detailed discussion of Van Lanschot's results and balance sheet, please refer to our 2016 interim financial report and presentation of our 2016 interim results at
https://corporate.vanlanschot.nl/results.
In a conference call for analysts on 24 August at 9.00 am CET, we will discuss our 2016 half-year figures in greater detail. This may be viewed live at https://corporate.vanlanschot.nl/results and played back at any later date.
ADDITIONAL INFORMATION
For additional information, please visit https://corporate.vanlanschot.nl/financial.
2016 FINANCIAL CALENDAR | |
Publication of 2016 Q3 trading update | 4 November 2016 |
Media Relations: +31 20 354 45 85; mediarelations@vanlanschot.com
Investor Relations: +31 20 354 45 90; investorrelations@vanlanschot.com
Van Lanschot NV is the holding company of F. van Lanschot Bankiers NV, the oldest independent bank in the Netherlands with a history dating back to 1737. Van Lanschot, a wealth manager operating under the Van Lanschot, Kempen & Co and Evi van Lanschot brand names, is active in Private Banking, Asset Management and Merchant Banking, with the aim of preserving and creating wealth for its clients. Van Lanschot NV is listed on Euronext Amsterdam.