Indra accelerated its growth in 2019: backlog increased 11% reaching an historic high and profitability improved again, increasing the EBIT 11% | 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 February 2020Spain

2019 Order Intake (+7%) grew again above revenue growth (+3%)
Backlog up +11%, surpassing the €4.5bn mark at 1.4x revenues, new record for Indra
Revenues up +4% in local currency in 2019. Minsait revenues grew +6%. By geographies, America stood out (+12% in local currency). 4Q19 Transport & Defence revenues temporary down due to delays in milestone certification of specific projects
EBIT grew +11% in 2019, pushed by Minsait profitability (3.8% EBIT margin), despite the lower contribution of the Election Business
Net profit stood at €121m and improved +1.3% due to higher tax rate (29% in 2019 vs 25% in 2018)
4Q19 FCF reached €246m (€7.5m in 2019), driving Net Debt / EBITDA LTM ratio down to 1.8x (1.6x excluding SIA acquisition)
Indra renewed its presence in the major sustainability indexes and generated more than 1,400 jobs in Spain (more than 3,000 in the last two years)
Indra acquired SIA, a firm specialized in cybersecurity services, for €67m on December 31st, 2019. SIA balance sheet and cash flow statement are consolidated in 2019 numbers while the income statement will start to consolidate from January 1st, 2020

Results

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