- Eliminating the non-recurring effects, the losses would have been -€56m
- Revenues improve their behavior comparing to 1H15. Revenues grow +12% in the third quarter of 2015 in local currency and in 9M15 would have grown +2% vs 9M14 excluding the seasonality of the Election Business
- Recurrent EBIT amounts to €23m, vs -€25m of the first half of the year. Recurrent EBIT margin of 3Q15 reaches 3.5%, below the 7.0% of 3Q14
- Indra booked a provision of 160m in this quarter due to its personnel cost optimization plan. Non-recurring ítems include the provision of the total expenses associated with the plan, which ends on December, 31st of 2016
- FCF in 3Q15 stands at -€23m. FCF in 3Q15 would have reached -€14m if we exclude the cost of the personnel optimization plan of that period
- Stabilization of the Net Debt, which amounts to €837m vs €825m of June 2015 and vs €726m of September 2014
- Brazil’s business review will include non-recurring items at year-end, which is still under an analysis process for its quantification
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