Indra broke its order record in the first half of the year. 6,819 million from a portfolio that grows 13% compared to 2022. The star division of the company chaired by Marc Murtra is once again Transport and Defense, which in the last quarter increased its revenues by 48.7% thanks to the major military projects: the future European FCAS combat aircraft and the Eurofighter. The portfolio of this division was 4,769 million.
Indra’s future depends on the strategic plan being designed by the new CEO, José Vicente de los Mozos. It will be presented in the first quarter of next year and will be called “Leading the future”. A declaration of intent from its executive regarding what Indra wants to be on the national and international scene in the coming years. De los Mozos himself spoke a few days ago that his intention is to make Indra the leading company in the military industry, a plan similar to the one he carried out in the automobile sector.
Indra’s revenues increased by 11.5% in the first six months of 2023, with growth being more notable in the second quarter, 14.9%. The military area, with that almost 50% increase, and Air Traffic, with 17.4%, were the two main divisions. Ebit also improved at a double-digit pace to 12.8%, as did revenue, which rose 11.5% in the first half.
The portfolio of Indra’s technology division, Minsait, stood at 2,051 million, increasing 4% in the first half of 2023.
With these figures, Indra’s net result was 90 million in the first half of the year, which represents a growth of 35% compared to the same period in 2022. Net debt, for its part, increased to 47 million.
Indra has revised its objectives for 2023 upwards, so that it estimates to end the year with revenues of more than 4,150 million (in the first half they slightly exceeded 2,000 million). The reported EBIT, for its part, will exceed 325 million, according to the company’s forecasts.
After renewing its board of directors, the listed company has announced that it will hold a “Capital Maket Day” in the first quarter of 2024, coinciding with the presentation of the strategic plan.
