Van Lanschot Kempen

net profit €125.2 million, with net AuM inflows at €5.3 billion in 2023 - Seite 2

“Our other two client segments reported negative results. Within Wholesale & Institutional Clients we took additional measures focused on profitable growth and cost discipline. Net inflows in this segment were €3.1 billion, mainly generated in the final quarter of the year. Coupled with rising stock markets, this created a good starting point for 2024. Investment Banking Clients experienced a challenging climate for transactions in 2023 due to rising interest rates, whereas the demand for debt advisory services remained strong. This client segment also recorded an upward trend as the year progressed, particularly in capital market transactions.

“We remain committed to our sustainability targets, both year-on-year and for the longer term. And we have raised our ambitions relating to our own organisation. To reduce the carbon emissions of our AuM – our main impact – and those of our mortgage portfolio, we continue to engage with our clients and the companies we invest in.

”I’m looking forward to giving an update on our independent wealth management strategy during our Investor Day in June. Our results clearly demonstrate that we delivered on this consistently in 2023, with a focus on scalable growth while preserving the personal approach that makes us stand out. I’m incredibly proud of all our people who make this possible each and every day, and would also like to thank our clients and shareholders for the trust that, once again, they put in us in 2023.”

PERFORMANCE REPORT/PRESENTATION/WEBCAST
For a detailed discussion of Van Lanschot Kempen’s results and balance sheet, please refer to our performance report and presentation on the 2023 full-year results at vanlanschotkempen.com/results. In a conference call on 22 February at 9.00 am CET, we will discuss our 2023 full-year results in greater detail. This may be viewed live at vanlanschotkempen.com/results and played back at a later date.

ADDITIONAL INFORMATION
For additional information, go to vanlanschotkempen.com/financial.

FINANCIAL CALENDAR
30 April 2024               Publication of first-quarter 2024 trading update
23 May 2024                Annual General Meeting (AGM)
27 May 2024                Ex-dividend date
4 June 2024                 2023 dividend payment date
20 June 2024               Investor Day
22 August 2024            Publication of 2024 half-year results