Stable Growth in the First Half of 2025 Driven by People, Innovation and Long-Term Investments 

At the semi-annual executive meeting, Delta Holding reviewed business results achieved in the first half of 2025 across agribusiness, real estate and hospitality, automotive distribution and e-commerce. Ongoing investments in employee development, advanced technologies and sustainable operations contributed to stable and continuous growth. 

In the first six months of the year, Delta Holding generated revenues of EUR 526 million, marking a 13% increase compared to the same period in 2024. EBITDA reached EUR 66 million, up 24% year-on-year. If current trends continue, total revenues are expected to exceed EUR 1.1 billion by year-end, with projected EBITDA of EUR 147 million. During this period, EUR 110 million was contributed to the budget of the Republic of Serbia. 

Growth was recorded across all key business segments – agribusiness, automotive, real estate, distribution and logistics – confirming the strength and resilience of Delta Holding’s diversified business model. 

Through strategic investments in development, digitalisation and the modernisation of agricultural production, Delta Agrar enhanced performance across all production segments. Smart platforms in fruit production, automation, the introduction of new crops and portfolio diversification further strengthened efficiency and competitiveness. The use of certified seeds resulted in high yields, while wheat production on company-owned farmland reached 9.5 tonnes per hectare, supported by advanced irrigation systems. 

Delta Auto Group recorded revenue growth of 17% in the first half of 2025. BMW maintained its position as market leader in the premium segment, alongside continued strong performance of the MINI brand. The Honda motorcycle segment achieved growth of 30%, while the newly introduced Farizon brand successfully positioned itself as a leader in the electric light commercial vehicle segment. In distribution, Delta DMD recorded revenue growth of 13%, and in logistics, DTS achieved growth of 15%. 

The real estate segment delivered revenue growth of 23% compared to the same period last year. Sava Center stands out as a key contributor, having hosted 650 events and welcomed more than 800,000 visitors from around the world just 19 months after reopening. This performance further strengthened Belgrade’s position as a competitive international congress destination, reflected in a five-place rise on the ICCA ranking of leading European congress cities. 

All four hotels within the Delta Holding system – Crowne Plaza, Radisson Collection Old Mill Belgrade, Indigo and InterContinental Ljubljana – reported revenue growth driven by continuous investments in service quality and infrastructure. Construction of the InterContinental Belgrade hotel is currently underway within the Delta District mixed-use development. In addition to the hotel, the complex will include two residential towers and a modern office building. With a total investment of EUR 450 million, Delta District represents a long-term investment in sustainable urban development and contemporary living. 

In the e-commerce segment, Ananas further strengthened its position as a regional leader. By the end of July, the platform will offer one million products, while monthly traffic has reached several million visits. A strong focus on cybersecurity and data protection has positioned Ananas among the most secure platforms in the region, according to RiskRecon’s assessment. 

At the beginning of July, Delta Holding published its 16th Sustainability Report, prepared in accordance with the GRI methodology. In 2024, through the use of solar energy and biomass facilities, the Group reduced CO₂ emissions by more than 40,000 tonnes, equivalent to the annual absorption capacity of approximately 1.5 million trees. The strategic objective is for renewable sources to account for 60% of total energy consumption by 2030, alongside a 50% reduction in greenhouse gas emissions. 

These results reflect the contribution of all Delta Holding subsidiaries and more than 5,000 employees, whose expertise, commitment and daily efforts represent the foundation of the Group’s continued growth and long-term development.