Brief: Lamda Development Q1 Net Loss At EUR 11.0 Million
29/05/2025 06:24
May 29 (Reuters) - Lamda Development SA LMDr.AT: SAID ON WEDNESDAY Q1 NET LOSS OF EUR 11.0 MILLION VS PROFIT OF EUR 0.6 MILLION YR AGO Q1 EBITDA EUR 17.4 MILLION VS EUR 40.2 MILLION YR AGO Q1 REVENUE EUR 105.9 MILLION VS EUR 141.7 MILLION YR AGO TOTAL CASH PROCEEDS FROM PROPERTY SALES SINCE THE BEGINNING OF THE ELLINIKON PROJECT AND UNTIL MAY 15 HAVE EXCEEDED EUR 1.18 BILLION WITH CASH COLLECTIONS IN Q1 REACHING EUR 67 MILLION EXPECTS EUR 30 MILLION OF PRE-TAX PROFIT RELATED TO 3RD PARTIES LAND PLOT SALES TO BE RECOGNIZED IN Q2 Further company coverage: [LMDr.AT] (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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