BELGRADE (Serbia), January 18 (SeeNews) – Serbian diversified conglomerate Delta Holding said its earnings before interest, taxes, amortisation and depreciation (EBITDA) rose 33.9% to 4.75 billion dinars ($49 million/40 million euro) last year.
The revenue of the company increased 11.3% to 55.8 billion dinars, Delta Holding said in a statement on Wednesday.
The greatest contribution to revenues, 43% of the total, was made by the group's agriculture subsidiary Delta Agrar, followed by food and beauty products wholesaler Delta Distribucija with 38%.
Delta Holding paid 11.2 billion dinars to the budget of Serbia in the form of taxes in 2017, the company added.
In 2016, the EBITDA of Delta Holding declined to 4.4 billion dinars from 5.54 million dinars a year earlier.
(1 euro = 118.494 dinars)