CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

Lamda Development 9-Month Consolidated Net Loss At €60.2 Million

By Reuters News

Nov 4 (Reuters) - Lamda Development SA LMDr.AT:

  • 9-MONTH CONSOLIDATED NET LOSS AT €60.2 MILLION VERSUS NET PROFIT OF €116.2 MILLION YEAR AGO

  • 9-MONTH CONSOLIDATED EBITDA AT €35.0 MILLION VERSUS €252.7 MILLION YEAR AGO

  • 9-MONTH REVENUE AT €420.3 MILLION VERSUS €443.7 MILLION YEAR AGO

  • SAYS 9-MONTH NET LOSS IS MAINLY DUE TO HIGHER ELLINIKON INFRASTRUCTURE EXPENSES AND TIMING OF LAND SALES


Further company coverage: [LMDr.AT]

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk