BELGRADE (Serbia), January 29 (SeeNews) – Serbian diversified conglomerate Delta Holding said its earnings before interest, taxes, amortisation and depreciation (EBITDA) amounted to 4.8 billion dinars ($46.3 million/40.5 million euro) in 2018.
The company's revenue stood at 58.27 billion dinars last year, Delta Holding said in a statement last week.
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In 2017, the EBITDA of Delta Holding rose 33.9% to 4.75 billion dinars.
The greatest contribution to revenues, 44% of the total, came from the group's agriculture subsidiary Delta Agrar, followed by food and beauty products wholesaler Delta Distribucija with 34%.
Delta Agrar's crop production amounted to 12.4 tonnes per hectare of corn, 7.3 tonnes per hectare of wheat and 4.4 tonnes per hectare of soybean.
Beauty products wholesaler Delta DMD has signed contracts with companies such as Diageo, Ferrero, SC Johnson, Glaxo Smith Kline, which resulted in a 139% increase in EBITDA. Delta Auto Group marks recorded sales growth of BMW cars by 8%, Honda by 9%, used vehicles by 15% and motorcycles by 29%.
(1 euro = 118.474 dinars)