Greece · Delayed Price · Currency is EUR LAMDA Development Earnings Call Transcripts
Fiscal Year 2026
-
Revenue reached €420 million and consolidated EBITDA €35 million in 9M 2026, with revenue affected by land-sale timing and higher development costs. Retail and residential demand remained strong; FY 2026 CapEx is targeted at approximately €1.6 billion.
-
Strong H1 2026 performance driven by record results in retail and marina segments, robust residential sales, and accelerated construction at The Ellinikon. Group revenues reached EUR 265 million, with over EUR 1 billion in cash and high hedging coverage mitigating macroeconomic risks.
-
Q1 2026 delivered robust revenue and EBITDA growth, driven by strong residential sales, record mall and marina performance, and accelerated construction at The Ellinikon. CapEx and OpEx rose due to infrastructure investments, with non-recoverable VAT impacting short-term profitability.