In the first half of 2024, Delta Holding has reported a remarkable performance, achieving €467 million in revenue, a substantial increase of nearly €50 million compared to the same period last year, marking an 11.2% growth.
The company also saw its EBITDA rise to €44.2 million, reflecting a 13.8% increase. With this robust growth trajectory, Delta Holding is on course to surpass the €1 billion revenue mark by year-end, projecting a 20% rise to €1.032 billion, alongside an anticipated annual EBITDA of €107 million, a 29% growth.
This exceptional performance is largely driven by significant advancements in distribution, manufacturing, real estate, and the hospitality sector. Delta Auto Group witnessed a 27% revenue surge, with BMW leading the premium segment as the market frontrunner. DMD Serbia’s revenue grew by 21%, and the agribusiness sector, particularly agro-distribution and livestock production, also saw notable gains. Additionally, the food and beverage sector experienced an 11% increase in revenue, while Delta Real Estate reported a 34% rise, attributed to the ongoing reconstruction of Sava Center and the launch of new projects such as Delta District, Delta Iron, and Delta Land.
Delta’s hospitality ventures, including Crowne Plaza, Radisson Old Mill, Indigo, and InterContinental Ljubljana, posted a remarkable 46% increase in revenue, fueled by continuous investments and the anticipated opening of InterContinental Belgrade ahead of EXPO 2027. Ananas, Delta’s e-commerce arm, solidified its leadership with over 500,000 products and 1,100 partners, and expanded into Montenegro and Bosnia and Herzegovina. Furthermore, Delta Holding’s 15th annual sustainability report highlights a 30,000-ton reduction in CO2 emissions through renewable energy initiatives, underscoring the company’s commitment to innovative technologies, green building, and the development of its workforce through artificial intelligence applications.
Photo: Delta Holding
