Indra Sistemas Management

Management criteria checks 1/4

Indra Sistemas' CEO is Jose Vicente Los Mozos, appointed in May 2023, has a tenure of 1.5 years. total yearly compensation is €1.59M, comprised of 25.9% salary and 74.1% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth €86.99K. The average tenure of the management team and the board of directors is 1.8 years and 2.1 years respectively.

Key information

Jose Vicente Los Mozos

Chief executive officer

€1.6m

Total compensation

CEO salary percentage	25.9%
CEO tenure	1.5yrs
CEO ownership	0.003%
Management average tenure	1.8yrs
Board average tenure	2.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jose Vicente Los Mozos's remuneration changed compared to Indra Sistemas's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	€244m
Jun 30 2024	n/a	n/a	€230m
Mar 31 2024	n/a	n/a	€223m
Dec 31 2023	€2m	€410k	€206m

Compensation vs Market: Jose Vicente's total compensation ($USD1.67M) is about average for companies of similar size in the Austrian market ($USD1.91M).

Compensation vs Earnings: Insufficient data to compare Jose Vicente's compensation with company performance.

CEO

Jose Vicente Los Mozos (62 yo)

1.5yrs

Tenure

€1,585,333

Compensation

Mr. José Vicente de Los Mozos serves as Chief Executive Officer and Director of Indra Sistemas, S.A. since May 18, 2023 and serves as its Head of Defense & Security since 2023. He is Chairman (non executiv...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Marc Thomas Millar	Executive Chairman	3.5yrs	€598.00k	0.0020% € 58.0k
Jose Vicente Los Mozos	Head of Defense & Security	1.5yrs	€1.59m	0.0030% € 87.0k
Luis Abril Mazuelas	Area & Market Head of Minsait and Executive Director	no data	€5.88m	0.040% € 1.2m
Miguel Forteza	CFO and Area & Market Head	less than a year	no data	no data
Miguel Morell	Chief Technology Officer	1.8yrs	no data	no data
David Santos	Chief Legal Officer & Vice Secretary	1.8yrs	no data	no data
Jesus Presa	Chief Communication & Marketing Officer	1.8yrs	no data	no data
Sofia Collado	Chief Human Resource Officer	1.8yrs	no data	no data
Antonio Mora Morando	Chief Control Officer	9.8yrs	no data	no data
Luis Figueroa García	Head of IT Delivery & Production	no data	no data	no data
Raul Ripio	Area and Market Head of Mobility & Technology	no data	no data	no data
Javier Ruano	Area and Market Head of ATM	1.8yrs	no data	no data

1.8yrs

Average Tenure

52yo

Average Age

Experienced Management: IDR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Marc Thomas Millar	Executive Chairman	3.5yrs	€598.00k	0.0020% € 58.0k
Jose Vicente Los Mozos	Head of Defense & Security	1.5yrs	€1.59m	0.0030% € 87.0k
Luis Abril Mazuelas	Area & Market Head of Minsait and Executive Director	2.6yrs	€5.88m	0.040% € 1.2m
Fernando Fernandez-Tapias	Member of the Advisory Board	no data	no data	no data
Belen Corbi	Independent Director	2.1yrs	€164.00k	no data
Julian Garcia Vargas	Member of the Advisory Board	no data	no data	no data
Sergio Serrano Sánchez	Member of the Advisory Board	no data	no data	no data
Santiago de Torres	Member of the Advisory Board	no data	no data	no data
Emilio Saracho Rodríguez de Torres	Member of the Advisory Board	no data	no data	no data
Juan Costa	Member of the Advisory Board	no data	no data	no data
Olga Jacinto Martinez	Independent Director	2.1yrs	€138.53k	no data
Virginia Peralta	Deputy Chair & Lead Independent Director	2.1yrs	€202.00k	no data

2.1yrs

Average Tenure

64yo

Average Age

Experienced Board: IDR's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.

Indra Sistemas Management

Management criteria checks 1/4

Key information

Recent management updates

Indra Sistemas, S.A., Annual General Meeting, May 27, 2024

Recent updates

Indra Sistemas, S.A. (BME:IDR) agreed to acquire Global Ats Limited and Micro Nav Ltd from Quadrant Group Limited.

Third quarter 2024 earnings released: EPS: €0.40 (vs €0.32 in 3Q 2023)

Indra Sistemas, S.A. to Report Nine Months, 2024 Results on Oct 29, 2024

Indra Sistemas, S.A. (BME:IDR) signed a contract to acquire DEIMOS Space S.L.U. from Elecnor, S.A. (BME:ENO).

Second quarter 2024 earnings released: EPS: €0.30 (vs €0.26 in 2Q 2023)

Upcoming dividend of €0.20 per share

Now 20% undervalued

Indra Sistemas, S.A. to Report First Half, 2024 Results on Jul 30, 2024

Indra Sistemas, S.A., Annual General Meeting, May 27, 2024

First quarter 2024 earnings released: EPS: €0.35 (vs €0.25 in 1Q 2023)

Indra Sistemas, S.A. to Report Q1, 2024 Results on May 06, 2024

Dividend of €0.20 announced

Full year 2023 earnings released: EPS: €1.17 (vs €0.97 in FY 2022)

Indra Sistemas, S.A. (BME:IDR) acquired remaining 65% stake in Global Training Aviation, S.L.

Indra Sistemas, S.A. to Report Fiscal Year 2023 Results on Feb 28, 2024

Mecanizados Escribano S.L. acquired additional 4.6% stake in Indra Sistemas, S.A. (BME:IDR).

Third quarter 2023 earnings released: EPS: €0.32 (vs €0.28 in 3Q 2022)

Indra Sistemas, S.A. (BME:IDR) and OESÍA NETWORKS, S.L. acquired a 60% stake in Epicom, S.A. from Duro Felguera, S.A. (BME:MDF) for €5.3 million.

Second quarter 2023 earnings released: EPS: €0.26 (vs €0.15 in 2Q 2022)

Indra Sistemas, S.A. (BME:IDR) entered into a binding agreement to acquire Park Air Systems Ltd from Ngc Uk Ltd.

Full year 2022 earnings released: EPS: €0.97 (vs €0.81 in FY 2021)

Indra Sistemas, S.A. to Report Q1, 2023 Results on Apr 27, 2023

Indra Sistemas, S.A. to Report Fiscal Year 2022 Results on Feb 28, 2023

Indra Sistemas, S.A. (BME:IDR) announces an Equity Buyback for 281,000 shares, representing 0.16% for €3.42 million.

Goldman Sachs (Singapore) Pte acquired a 2.4% stake in Indra Sistemas, S.A for €43.8 million.

Indra Sistemas, S.A. (BME:IDR) entered into an agreement Air Traffic Management activities of Selex ES Inc.

Indra Sistemas, S.A. (BME:IDR) enters into agreement to acquire Air Traffic Management from Selex ES Inc.

Third quarter 2022 earnings released: EPS: €0.28 (vs €0.34 in 3Q 2021)

Indra Sistemas, S.A. to Report Nine Months, 2022 Results on Nov 02, 2022

Now 23% undervalued after recent price drop

Now 20% undervalued after recent price drop

Second quarter 2022 earnings released: EPS: €0.16 (vs €0.19 in 2Q 2021)

Indra Sistemas, S.A. to Report First Half, 2022 Results on Jul 27, 2022

Indra Sistemas, S.A. (BME:IDR) acquired Aplicaciones De Simulacion Simtec SI.

Investor sentiment deteriorated over the past week

Now 21% undervalued

First quarter 2022 earnings released: EPS: €0.22 (vs €0.13 in 1Q 2021)

Indra Sistemas, S.A. to Report Q1, 2022 Results on Apr 29, 2022

Investor sentiment improved over the past week

Indra Sistemas, S.A. Provides Earnings Guidance for the Full Year 2022

Now 22% undervalued after recent price drop

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Indra Sistemas, S.A. to Report Fiscal Year 2021 Results on Feb 23, 2022

Third quarter 2021 earnings released

Second quarter 2021 earnings released: EPS €0.19 (vs €0.46 loss in 2Q 2020)

First quarter 2021 earnings released: EPS €0.13 (vs €0.036 in 1Q 2020)

Full year 2020 earnings released: €0.37 loss per share (vs €0.69 profit in FY 2019)

Revenue beats expectations

New 90-day high: €7.69

New 90-day high: €7.47

Indra Sistemas, S.A. to Report Fiscal Year 2020 Results on Feb 24, 2021

New 90-day high: €7.42

New 90-day high: €7.15

New 90-day high: €6.94

Market bids up stock over the past week

Third-quarter earnings released: Revenue misses expectations

Third quarter earnings released

New 90-day low: €5.72

Indra Sistemas, S.A. to Report Nine Months, 2020 Results on Oct 27, 2020

New 90-day low: €6.06

New 90-day low - €6.20

New 90-day low - €6.70

Indra Sistemas, S.A. to Report First Half, 2020 Results on Jul 29, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age