LAMDA Development S.A. (ATH:LAMDA)
Greece · Delayed Price · Currency is EUR 6.20
-0.05 (-0.80%)
Oct 2, 2026, 5:14 PM EET
LAMDA Development Earnings Call Transcripts
Fiscal Year 2026
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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.
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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.