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Lamda Development Swings to €60.2 Million Net Loss in 9M 2026

By Public Technologies
  • Lamda Development swung to a €60.2 million nine-month 2026 net loss, primarily due to higher Ellinikon infrastructure expenses and land-sale timing.
  • Revenue fell 5% year over year to €420.3 million, while residential revenue rose 27% to €272.2 million.
  • Group cash totaled €726 million at September 30; cumulative Ellinikon property sales proceeds surpassed €1.85 billion.
  • The Ellinikon Sports Park opened, marking the project's transition into its delivery phase.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lamda Development SA published the original content used to generate this news brief on November 04, 2026, and is solely responsible for the information contained therein.

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