Lamda Development, GRS245213004

Lamda reports EUR 265 million revenue. Lamda Development stock is 21.52 percent below its high

Published on 10/20/2026 at 13:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Residential revenue rose 30.00 percent in the first half of 2026. Lamda Development stock costs EUR 6.09 on October 20, 2026, versus a EUR 7.76 high.

Residential growth and reporting date

  • Lamda Development reported EUR 265 million of revenue for the first half of 2026.
  • Residential revenue rose 30.00 percent in the first half of 2026.
  • Lamda Development stock traded at EUR 6.09 at 1:38 p.m. CEST at Lang & Schwarz on October 20, 2026.
Lamda Development, GRS245213004, Illustration mit AI erstellt.

Lamda Development (GRS245213004) reported EUR 265 million of revenue for the first half of 2026. In its September 17 results call, Yahoo Finance carried management's explanation that construction and infrastructure spending weighed on current earnings while the Ellinikon project advanced.

First-half revenue reached EUR 265 million

Residential development revenue reached EUR 164 million in the first half of 2026, up 30.00 percent from the first half of 2025, according to the September 17 call. Group consolidated EBITDA was EUR 22 million, while total revenue was 20.00 percent lower year over year because land-plot sales contributed EUR 15 million, compared with EUR 104 million a year earlier.

The operating picture was stronger in recurring businesses. The four malls generated EUR 46.60 million of EBITDA in the first half of 2026, or EUR 50 million after adjusting for EUR 3.40 million of intra-group recharges, a 5.00 percent year-over-year increase.

What supports the next reporting date?

The recent chronology points to continued project execution. On July 30, 2026, Lamda signed agreements for two Ellinikon residential plots worth EUR 41.50 million, as reported by Capital. On September 16, 2026, it reported first-half revenue of EUR 265 million and EBITDA of EUR 22 million. On October 7, 2026, the company set November 4, 2026, as the date for its nine-month results, according to its investor-relations page.

The next substantiated date is November 4, 2026, for the nine-month 2026 results. That release should show whether residential sales and recurring mall income continue to offset the timing effect from land transactions.

Lamda Development stock stays below its high

The stock's market setting remains mixed: Lamda Development was trading at EUR 6.09 at Lang & Schwarz on October 20, 2026 at 1:38 p.m. CEST, while the October 19, 2026 market snapshot placed its 52-week range at EUR 5.85 to EUR 7.76. The company is listed on the Main Market of the Athens Exchange, and its investor-relations page reports total assets of EUR 5.0 billion at December 31, 2025.

The further course of trading is shown by the continuously updated real-time quote of Lamda Development stock.

Lamda Development stock facts

  • Company: LAMDA Development S.A.
  • ISIN: GRS245213004
  • Ticker: LAMDA
  • Primary exchange: Athens Exchange
  • Price Lang & Schwarz (as of October 20, 2026, 1:38 p.m. CEST): EUR 6.09
  • 52-week range: EUR 5.85-EUR 7.76 (as of October 19, 2026)
  • Market capitalization: EUR 1.0 billion (as of October 19, 2026)
  • Sector / Industry: Real Estate / Real Estate Development
  • Next earnings date: November 4, 2026

Market context: Market report Euro Stoxx 50.

More news and analyses on Lamda Development stock

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