BME:IDRIT
Why Indra Sistemas (BME:IDR) Is Down 5.3% After Winning TfL’s £845 Million Ticketing Deal – And What's Next
In January 2026, Transport for London awarded Indra Group a long-term contract worth up to £845 million (about €975 million) to operate, maintain and upgrade the entire ticketing and access control system across London’s extensive public transport network through at least 2034, with options to 2039.
The deal makes Indra the sole ticketing systems provider for one of the world’s most complex and high-usage urban networks, deepening its role in advanced fare technology such as Account Based...