Delta Holding achieved record results in 2022 - sales revenue reached € 782.4 million, 30% more than in 2021, while EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) was € 86.9 million - 34% more in comparison to the previous year.
“We are very pleased that the best results were achieved in a year that was incredibly challenging on the global level”, said Milka Vojvodic, Delta Holding’s CEO and Vice President for Economy and Finance at the annual press conference. “What made the record business results possible for us were primarily our highly knowledgeable and motivated people, as well as the policy of continuous investment in development. We invested €97 million in 2022, while the investments in the current year will reach € 204 million.”
In 2022, the amount of € 164.3 million was paid into the budget of the Republic of Serbia. Delta Holding is planning to reach the revenue of € 920 million (a growth of 18%) and EBITDA exceeding the € 100 million limit for the first time ever (101.7 million, an increase of 17%).
Business results of all businesses within Delta Holding were presented at the traditional annual press conference, with a focus on the Company's most important projects in 2022 – the ongoing reconstruction of the Sava Center, worth € 110 million, whose completion is planned for the end of 2023, the launch of the regional e-commerce business Ananas, which already achieved excellent results in the first year of operation with over 100,000 very satisfied customers, and further modernization and improvement of agricultural production within Delta Agrar, which recorded excellent results in business activities and export in 2022.
“Ananas is an essentially new user experience. 97% of deliveries were realized on the first business day following the ordering date. The growth trend is remarkable. From quarter to quarter, the number of orders increased threefold, and the turnover increased by 2.7 times”, said Marija Desivojevic Cvetkovic, Delta Holding’s senior Vice President for Strategy and Development. She also presented the results of strategic projects of investing in solar power plants at Delta’s locations in 2022, by virtue of which was achieved the effect of carbon footprint reduction equivalent to planting 205,000 trees, i.e. afforestation of 220 hectares of land.
Delta Holding was founded in 1991 in Belgrade and currently employs around 4,000 people at several locations in Serbia and in the region. The Company realises its business activities via 5 organizational units: Delta Agrar Group, Delta Food Processing, Delta Real Estate Group, Delta Distribution and the new technologies division. Members of Delta Holding engage in agricultural production, food production, export, import, representation of foreign companies, distribution of consumer good, car sales, real estate development, and development of new technologies.
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