Indra Sistemas Reports Robust 2024 Earnings Growth

Indra Sistemas, S.A. ( (ISMAY) ) has released its Q4 earnings. Here is a breakdown of the information Indra Sistemas, S.A. presented to its investors.

Indra Sistemas, S.A. is a Spanish company specializing in the defense, air traffic, space, and information technology sectors, known for its innovative solutions and strategic global partnerships. In its 2024 earnings report, Indra announced a significant 12% increase in revenues compared to 2023, with notable growth in its Defense and Air Traffic Management (ATM) divisions. The company’s EBITDA and EBIT margins improved by 22% and 26% respectively, reflecting enhanced operational efficiency and a strategic shift in its business mix. Indra’s net profit surged by 35% to €278 million, and it ended the year with a positive cash position of €86 million, a stark contrast to the net debt of €107 million in 2023. The company also declared a dividend of €0.25 per share, payable in July 2025. Key performance highlights include a 17% increase in order intake, driven by strong contracts in Canada, Colombia, Poland, and Vietnam, and a 7% growth in backlog, supported by the Minsait and ATM divisions. Indra’s strategic acquisitions, such as MQA and Micro Nav, contributed to its robust performance, with acquisitions accounting for €182 million in 2024 sales. Looking ahead, Indra’s management remains optimistic about continued growth, with projected revenues exceeding €5,200 million and EBIT surpassing €490 million in 2025, as the company continues to leverage its strategic plan ‘Leading the Future’ to expand its global footprint and enhance its technological offerings.