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Delta Holding’s 11% Revenue Surge in 2024, On Track for Billion-Euro Milestone

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.

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Tijana Koprivica, Chief Business Sustainability Officer at Delta Holding

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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.

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