Reported Earnings • Mar 08
Full year 2025 earnings released: EPS: €0.53 (vs €0.27 in FY 2024) Full year 2025 results: EPS: €0.53 (up from €0.27 in FY 2024). Revenue: €567.2m (down 15% from FY 2024). Net income: €90.5m (up 96% from FY 2024). Profit margin: 16% (up from 7.0% in FY 2024). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Dec 19
Third quarter 2025 earnings released: €0.069 loss per share (vs €0.027 profit in 3Q 2024) Third quarter 2025 results: €0.069 loss per share (down from €0.027 profit in 3Q 2024). Revenue: €133.6m (up 2.9% from 3Q 2024). Net loss: €11.8m (down 354% from profit in 3Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 13% decline forecast for the Real Estate industry in Germany. Annonce • Dec 04
LAMDA Development S.A. to Report Nine Months, 2025 Results on Dec 18, 2025 LAMDA Development S.A. announced that they will report nine months, 2025 results on Dec 18, 2025 Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €7.29, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Real Estate industry in Germany. Total returns to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.52 per share. Board Change • Sep 29
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Non-Executive Chairman Stefanos Kotsolis was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Aug 30
LAMDA Development S.A. to Report First Half, 2025 Results on Sep 17, 2025 LAMDA Development S.A. announced that they will report first half, 2025 results on Sep 17, 2025 Board Change • Aug 08
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Non-Executive Chairman Stefanos Kotsolis was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • May 29
LAMDA Development S.A., Annual General Meeting, Jun 26, 2025 LAMDA Development S.A., Annual General Meeting, Jun 26, 2025, at 14:00 GTB Standard Time. Location: the ellinikon experience centre, in the hellinikon metropolitan park, ag. kosmas, Greece Annonce • May 03
LAMDA Development S.A. to Report Q1, 2025 Results on May 28, 2025 LAMDA Development S.A. announced that they will report Q1, 2025 results on May 28, 2025 Board Change • Apr 23
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Chairman Stefanos Kotsolis was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Feb 08
LAMDA Development S.A. to Report Fiscal Year 2024 Results on Mar 26, 2025 LAMDA Development S.A. announced that they will report fiscal year 2024 results on Mar 26, 2025 Annonce • Oct 23
LAMDA Development S.A. to Report Nine Months, 2024 Results on Nov 13, 2024 LAMDA Development S.A. announced that they will report nine months, 2024 results on Nov 13, 2024 Board Change • Oct 14
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Chairman Stefanos Kotsolis was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Aug 24
LAMDA Development S.A. to Report First Half, 2024 Results on Sep 12, 2024 LAMDA Development S.A. announced that they will report first half, 2024 results on Sep 12, 2024 Reported Earnings • Jun 14
First quarter 2024 earnings released: EPS: €0.004 (vs €0.12 loss in 1Q 2023) First quarter 2024 results: EPS: €0.004 (up from €0.12 loss in 1Q 2023). Revenue: €141.7m (up 195% from 1Q 2023). Net income: €625.0k (up €22.0m from 1Q 2023). Profit margin: 0.4% (up from net loss in 1Q 2023). Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 17% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. New Risk • Jun 13
New major risk - Revenue and earnings growth Earnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Shares are highly illiquid. Earnings have declined by 12% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Board Change • Jun 12
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Chairman Stefanos Kotsolis was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • May 23
LAMDA Development S.A. to Report Q1, 2024 Results on Jun 12, 2024 LAMDA Development S.A. announced that they will report Q1, 2024 results After-Market on Jun 12, 2024 Annonce • Jun 01
Lamda Development S.A., Annual General Meeting, Jun 21, 2023 Lamda Development S.A., Annual General Meeting, Jun 21, 2023, at 12:00 E. Europe Standard Time. Location: Paiania, Attica, on the 19th km of Ave. Markopoulou, building B7, (amphitheatre) Attica Greece Board Change • Mar 10
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Non-Executive Director Ioanna Papadopoulou was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Feb 14
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Non-Executive Director Ioanna Papadopoulou was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Oct 25
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Non-Executive Director Ioanna Papadopoulou was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Annonce • Sep 09
Lamda Development S.A. to Report First Half, 2022 Results on Sep 29, 2022 Lamda Development S.A. announced that they will report first half, 2022 results on Sep 29, 2022 Board Change • Aug 01
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Non-Executive Director Ioanna Papadopoulou was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Annonce • Jul 14
Lamda Development S.A. to Report Q2, 2022 Results on Jul 20, 2022 Lamda Development S.A. announced that they will report Q2, 2022 results on Jul 20, 2022 Board Change • Jul 04
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Non-Executive Director Ioanna Papadopoulou was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Annonce • May 24
LAMDA Development S.A. (ATSE:LAMDA) entered into an agreement to acquire remaining 31.7% interest in Lamda Malls A.E. from Värde Partners, Inc. for €109 million. LAMDA Development S.A. (ATSE:LAMDA) entered into an agreement to acquire remaining 31.7% interest in Lamda Malls A.E. from Värde Partners, Inc. for €109 million on May 20, 2022. The transaction is expected to be completed within the third quarter of 2022, with the completion of the contractual conditions that mainly concern the approvals of the banking institutions. Reported Earnings • Apr 20
Full year 2021 earnings released: EPS: €1.08 (vs €0.29 loss in FY 2020) Full year 2021 results: EPS: €1.08 (up from €0.29 loss in FY 2020). Revenue: €79.2m (up 13% from FY 2020). Net income: €191.2m (up €243.0m from FY 2020). Over the next year, revenue is forecast to grow 185% compared to a 33% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €6.01, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 9x in the Real Estate industry in Germany. Total returns to shareholders of 6.5% over the past three years. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improved over the past week After last week's 17% share price gain to €7.66, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 9x in the Real Estate industry in Germany. Total returns to shareholders of 42% over the past three years. Reported Earnings • Dec 11
Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2021 results: €0.085 loss per share (down from €0.077 loss in 3Q 2020). Revenue: €24.2m (up 22% from 3Q 2020). Net loss: €15.0m (loss widened 11% from 3Q 2020). Revenue exceeded analyst estimates by 6.9%. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 01
Second quarter 2021 earnings released: EPS €1.31 (vs €0.04 loss in 2Q 2020) Second quarter 2021 results: Revenue: €15.8m (up 61% from 2Q 2020). Net income: €231.4m (up €238.2m from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 19
Full year 2020 earnings released: €0.29 loss per share (vs €0.62 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €68.0m (down 19% from FY 2019). Net loss: €51.7m (down 204% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Dec 19
New 90-day high: €6.90 The company is up 23% from its price of €5.59 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.089 per share. Reported Earnings • Nov 28
Third quarter 2020 earnings released: €0.08 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: €19.9m (down 1.4% from 3Q 2019). Net loss: €13.5m (loss widened 95% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Nov 28
New 90-day high: €6.38 The company is up 21% from its price of €5.27 on 28 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.17 per share. Is New 90 Day High Low • Oct 31
New 90-day low: €4.75 The company is down 12% from its price of €5.41 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.087 per share. Reported Earnings • Sep 25
First half earnings released Over the last 12 months the company has reported total profits of €7.04m, down 87% from the prior year. Total revenue was €82.0m over the last 12 months, up 4.4% from the prior year. Is New 90 Day High Low • Sep 22
New 90-day high: €6.05 The company is up 7.0% from its price of €5.64 on 24 June 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.098 per share. Annonce • Jul 31
An unknown buyer acquired an unknown minority stake in LAMDA Development S.A. (ATSE:LAMDA) from Consolidated Lamda Holdings. An unknown buyer acquired an unknown minority stake in LAMDA Development S.A. (ATSE:LAMDA) from Consolidated Lamda Holdings (CLH) on July 24, 2020. As per the transaction, Consolidated Lamda sold 8.9 million shares. CLH is also starting the process for the sale of a second stake too. After the completion of the transactions, CLH will still hold a 42.2% stake in the entire share capital and the voting right of Lamda Development SA, thereby maintaining control of Lamda Development.
An unknown buyer completed the acquisition of an unknown minority stake in LAMDA Development S.A. (ATSE:LAMDA) from Consolidated Lamda Holdings (CLH) on July 24, 2020.