Indra revenues increased +2.2% and EBIT doubled in 1Q21, also exceeding the pre-crisis volumes of 1Q19 | indra

Transport
- Transport
- Mova Consulting
  We plan and design transport infrastructures
- Mova Collect
  We promote innovation in payment methods and business models
- Mova Traffic
  We build comprehensive traffic management and control solutions
- Mova Protect
  We guarantee maximum protection of businesses and people
- Mova Experience
  We accompany users on their journey and reinvent their experiences
- Mova Comms
  We connect the transportation ecosystem with personalized communication solutions
- Mova Care
  We build the mobility of the future, guaranteeing the best results in the present
- In-Mova Space
  We empower the intelligent, collaborative and sustainable mobility
- Sectors
Air Traffic
- Air Traffic
- Indra Air Automation
  We are your reliable partner in ATM business
- Indra Air Communication
  We implement Full VoIP Dual Dissimilar VCCS solutions
- Indra Air Navigation
  We ensure safe air traffic navigation in 180 countries
- Indra Air Surveillance
  We have deployed over 400 surveillance systems
- Indra Air Drones
  Connecting drones safely, creating a better airspace
- Indra Air Information
  We guarantee the right digital Aeronautical Information at the right time
- Indra Air Services
  Most reliable and timely services in the ATM industry
Defence and Security
- Platforms
  We develop reliable solutions adapted to the most demanding platforms
- Defence Systems
  We design integrated Air Defence solutions for airspace surveillance and control
- Defence and Security
- Security
  We create technology at the service of protection, prepared to face all kinds of threats
- Cyberdefence
  We manage all types of threats through innovative cybersecurity solutions
- Space
  We lead the use of space technologies applied to military operations
- Training Solutions & Services
  We cover simulations of all natures in military and civilian training
- Logistics & Maintenance
  We guarantee the optimal development of defence systems’ life cycles
Minsait
Talent
Sustainability
About Indra

27 April 2021Spain

All the income statement items have grown in 1Q21 vs 1Q20.
Net Profit amounted to €22m in 1Q21 vs €6m in 1Q20 (+255%) and €18m in 1Q19 (+22%).
Revenues in 1Q21 increased +5.5% in local currency (+2.2% in reported terms) vs 1Q20, pushed by Defence and Minsait.
EBITDA and EBIT grew by +25% and +104% respectively vs 1Q20.
Minsait increased its sales by +4.2% in local currency in 1Q21, boosting its EBIT margin above 4% in the period (1.5% in 1Q20).
T&D revenues went up +7.3% and EBIT increased +58% in 1Q21 vs 1Q20. Sales in Defence grew by +21%, mainly pushed by its International Business.
Cash generation was €-17m (including the €11m cash out of the workforce transformation plan) vs €-59m in 1Q20.
Net Debt reached €505m vs €633m in March 2020. Net Debt / EBITDA LTM ratio stood at 2.4x in March 2021 vs 2.2x in March 2020.
Backlog reached another new historic absolute high (€5,322m), implying 1.74x backlog/revenues LTM.

Results

Download press release

application/pdf

- 405.11 KB