LAMDA Development S.A.

LAMDA Development S.A.

5.94
EUR
-0.27
(-4.35%)
-0.45EPS
1.14BMarket Cap
Nov 25Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.91
0.71
0.53
0.6
1.06
0.96
1.02
0.38
0.45
0.81
2.59
3.7
3.32
3.06
Basic EPS, GAAP
-0.99
-0.38
-0.26
-0.04
-0.59
0.51
0.62
-0.29
1.08
-0.18
0.16
0.27
0.53
-0.46
Free Cash Flow per Basic Share
-1.75
-0.08
-0.02
0.01
0.34
-0.71
-0.15
-0.17
0.03
0.04
0.32
1.4
-0.5
-1.21
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
5.09
4.6
4.36
4.32
3.78
4.29
5.98
5.7
6.82
6.62
6.78
7.06
7.63
7.41
Tangible Book Value per Share
5.09
4.6
4.36
4.32
3.78
4.29
5.98
5.6
6.71
6.46
6.67
6.94
7.51
7.29
Basic Weighted Avg Shares
49
62
84
82
82
83
80
177
177
175
174
174
171
171
Sales/Revenue/Turnover
45
44
44
49
87
79
82
68
79
142
451
644
567
522
Operating Margin (%)
28.18
35.4
36.1
39.91
20.36
59.83
50.55
18.08
-4.78
-15.13
26.78
21.45
12.52
-2.17
Depreciation Expense
1
1
1
1
1
1
1
8
9
9
11
12
12
12
Net Income, GAAP
-49
-23
-22
-3
-48
42
50
-52
191
-31
27
46
91
-78
Effective Tax Rate (%)
- -
- -
- -
193.95
- -
19.39
28.41
- -
25.42
201.65
52.65
38.35
32.23
- -
Profit Margin (%)
-108.77
-53.01
-50.1
-6.43
-55.42
53.32
61.04
-76.21
241.8
-22.17
5.99
7.18
15.96
-15.02
Working Capital
10
144
170
144
-93
-74
563
877
459
60
-25
559
968
760
LT Debt
240
225
269
249
236
306
415
882
852
954
949
1,346
1,647
1,688
Total Equity
250
388
361
355
377
435
1,143
1,102
1,301
1,168
1,191
1,246
1,319
1,278
Return on Invested Capital (%)
- -
- -
- -
-2.77
- -
9.7
6.37
- -
11.6
-4.83
3.5
4.41
5.84
- -
Return on Capital (%)
- -
- -
- -
-2.61
- -
5.26
4.44
- -
10.79
-3.64
2.42
3.42
4.71
- -
Return on Common Equity (%)
-17.8
-7.36
-5.9
-0.88
-14.46
12.67
7.06
-5.01
17.31
-2.67
2.32
3.84
7.14
-6.33

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
25
29
351
LT Borrowings
1,440
1,445
1,485
LT Finance Leases
207
203
204
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
171
170
170
Market Capitalization
1,217
1,019
1,135

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,821
1,769
2,005
Cash, Cash Equivalents & STI
750
782
697
Accounts Receivable, Net
264
221
200
Inventories
679
670
675
Total Current Liabilities
853
900
1,244
Payables & Accruals
- -
- -
- -
ST Debt
25
29
351
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.96%
4.06%
5.86%
Free Cash Flow
467.98%
162.12%
-135.31%
Net Income, GAAP
36.48%
-121.12%
95.75%
Sales/Revenue/Turnover
41.08%
68.96%
-11.93%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
142
105
130
289
644
2025
106
- -
133
123
567
2026
143
123
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
-0.11
0.03
0.35
0.27
2025
-0.06
- -
-0.07
-0.15
0.53
2026
-0.1
-0.14
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Odysseas E. Athanasiou
Full Time Employees
786
Sector
Finance
Industry
Real estate development
Address
37A Kifissias Avenue Maroussi GI Greece 151 23
IPO Date
Sep 25, 1995
Business
LAMDA Development S.A. (LAMDA.AT) is a leading Greek real estate development and investment company focused on large-scale urban regeneration, commercial property development, and retail operations. The company develops and manages mixed-use projects including shopping malls, office spaces, residential communities, hotels, and entertainment venues; its portfolio features flagship properties such as The Mall Athens, Golden Hall luxury retail center, and the transformative Ellinikon Metropolitan Park project, a 6.2 million square meter redevelopment of the former Athens airport site into Europe's largest urban park with residential, commercial, office, sports, and cultural facilities. LAMDA operates primarily in Greece with projects concentrated in the Athens metropolitan area and targets institutional investors, retail consumers, corporate tenants, and high-net-worth individuals seeking premium real estate assets. Founded in 1986 and headquartered in Marousi, Athens, Greece, the company maintains strategic alliances with global partners like Abu Dhabi-based ADQ and Fosun Group for the Ellinikon project. In recent developments, LAMDA advanced Phase B of the Ellinikon project with new residential tower approvals and construction milestones in 2024-2025; secured additional funding through a EUR 280 million green bond issuance in 2024 to support sustainable development initiatives; and expanded retail offerings with luxury brand entries at Golden Hall amid post-pandemic recovery, reflecting its shift toward green, smart-city developments under stringent EU sustainability regulations.