Indra catapults profits by 58% to September after already concentrating a fifth of the business in defense
Indra’s military turn not only bears fruit in the stock market, it also does so in its balance sheet. The most immediate, the one presented this Thursday before the market opening, confirms the good financial performance of the technology company, with a net profit of 291 million euros in the first nine months of the yearwhich represents an increase of 58% compared to the 184 million euros recorded in the same period of the previous year.
Much of the blame for this growth is momentum that the defense sector is experiencing, where Indra is called to become the national champion. Such is the commitment to the military business that, at the end of the third quarter, The defense division already contributed 21.15% of the group’s turnover in the accumulated until September, with a total of 764 million euros (+13.5% year-on-year). This boom has been differential for the company to improve its income by 6.2% to 3,611 million euros.
News in expansion…
