Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 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. Board Change • Dec 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 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. 공시 • 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 공시 • 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 공시 • 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 공시 • 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 공시 • 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 Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: €0.027 (vs €0.14 loss in 3Q 2023) Third quarter 2024 results: EPS: €0.027 (up from €0.14 loss in 3Q 2023). Revenue: €129.9m (up 87% from 3Q 2023). Net income: €4.63m (up €29.1m from 3Q 2023). Profit margin: 3.6% (up from net loss in 3Q 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 11% decline forecast for the Real Estate industry in Germany. 공시 • 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 Reported Earnings • Sep 13
Second quarter 2024 earnings released: €0.11 loss per share (vs €0.23 profit in 2Q 2023) Second quarter 2024 results: €0.11 loss per share (down from €0.23 profit in 2Q 2023). Revenue: €104.2m (up 18% from 2Q 2023). Net loss: €19.4m (down 149% from profit in 2Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% decline forecast for the Real Estate industry in Germany. 공시 • 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. 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). Earnings have declined by 12% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. 공시 • 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 Board Change • Apr 26
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. Reported Earnings • Nov 24
Third quarter 2023 earnings released: €0.14 loss per share (vs €0.19 loss in 3Q 2022) Third quarter 2023 results: €0.14 loss per share (improved from €0.19 loss in 3Q 2022). Revenue: €69.6m (up 132% from 3Q 2022). Net loss: €24.5m (loss narrowed 26% from 3Q 2022). Revenue is forecast to grow 42% p.a. on average during the next 3 years, compared to a 15% decline forecast for the Real Estate industry in Germany. New Risk • Oct 13
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Large one-off items impacting financial results. Reported Earnings • Jun 05
First quarter 2023 earnings released: €0.12 loss per share (vs €0.044 loss in 1Q 2022) First quarter 2023 results: €0.12 loss per share (further deteriorated from €0.044 loss in 1Q 2022). Revenue: €48.0m (up 93% from 1Q 2022). Net loss: €21.4m (loss widened 177% from 1Q 2022). Revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 27% decline forecast for the Real Estate industry in Germany. Reported Earnings • Nov 24
Third quarter 2022 earnings released: €0.19 loss per share (vs €0.085 loss in 3Q 2021) Third quarter 2022 results: €0.19 loss per share (further deteriorated from €0.085 loss in 3Q 2021). Revenue: €30.0m (up 24% from 3Q 2021). Net loss: €33.0m (loss widened 120% from 3Q 2021). Board Change • Nov 16
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. Reported Earnings • Oct 01
Second quarter 2022 earnings released: €0.08 loss per share (vs €1.31 profit in 2Q 2021) Second quarter 2022 results: €0.08 loss per share (down from €1.31 profit in 2Q 2021). Revenue: €28.3m (up 79% from 2Q 2021). Net loss: €14.5m (down 106% from profit in 2Q 2021). Board Change • Apr 27
Less than half of directors are independent There are 5 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.