Brief: Lamda Development 9-Month Net Result Turns To Loss Of EUR 55.2 Million

Lamda Development SA

23/11/2022 17:13

Nov 23 (Reuters) - Lamda Development SA  LMDr.AT :
    * 9-MONTH GROUP EBITDA EUR 34.8 MILLION VERSUS EUR 328.8
MILLION
YEAR AGO
    * 9-MONTH NET LOSS EUR 55.2 MILLION VERSUS PROFIT OF EUR
209.6
MILLION YEAR AGO
    * 9-MONTH ADJUSTED NET PROFIT OF EUR 9.2 MILLION VERSUS
PROFIT OF
EUR 238.9 MILLION YEAR AGO
    * TOTAL PORTFOLIO ASSET VALUE (GAV) OF THE ELLINIKON PROJECT
AS OF
SEPT 30 AT EUR 1.86 BILLION UP C. EUR 67.0 MILLION VERSUS DEC 31
2021
    * TOTAL PORTFOLIO ASSET VALUE (GAV) OF THE MALLS AS OF SEPT
30
EXCEEDED EUR 1.00 BILLION FOLLOWING THE CONSOLIDATION OF
DESIGNER OUTLET ATHENS

Further company coverage:  LMDr.AT 
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