Lamda Development's financial trajectory continues to be shaped by the significant urban development projects underway in Elliniko, Greece, which remains a key component of the company's performance in 2025. The company reported consolidated sales amounting to €567 million, a decrease of 15% compared to 2024's €665 million, primarily attributed to lower revenues from land sales in the Elliniko area. Furthermore, EBITDA before valuations saw a notable decline of 52%, falling to €82 million from €171 million in the previous year.

Conversely, the company's EBITDA after valuations experienced a sharp increase of 29%, rising to €254 million compared to €197 million in 2024. This positive shift was largely influenced by a significant revaluation of investment properties and inventory, which contributed approximately €169 million in value adjustments as assessed by independent valuers. This revaluation played a crucial role in driving the company's financial recovery amidst fluctuating sales figures.

The net profit after tax and minority interests surged to €91 million, marking a remarkable 96% increase compared to €46 million in 2024. This growth in net profit highlights the effectiveness of Lamda Development's strategic investments and handling of their property assets, indicating a potential turnaround in the company's fortunes as it navigates through the challenges faced in the Greek real estate market.