Tillkännagivande • 2h
Indra Sistemas, S.A., Annual General Meeting, Jun 29, 2026 Indra Sistemas, S.A., Annual General Meeting, Jun 29, 2026. Location: avenida de bruselas 35, alcobendas, madrid., Spain Buy Or Sell Opportunity • Apr 16
Now 21% overvalued Over the last 90 days, the stock has fallen 8.0% to €54.16. The fair value is estimated to be €44.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €49.42, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 13x in the IT industry in Italy. Total returns to shareholders of 95% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €44.11 per share. Reported Earnings • Mar 01
Full year 2025 earnings released: EPS: €2.48 (vs €1.58 in FY 2024) Full year 2025 results: EPS: €2.48 (up from €1.58 in FY 2024). Revenue: €5.61b (up 14% from FY 2024). Net income: €435.8m (up 57% from FY 2024). Profit margin: 7.8% (up from 5.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in Italy. Tillkännagivande • Feb 28
Indra Group Marks U.S. Milestone with Official Opening of I-485 Express Lanes in North Carolina Indra Group celebrated the official ribbon-cutting ceremony for the I-485 Express Lanes project in North Carolina. This event marks the formal opening of the lanes to motorists and the full-scale launch of Indra's advanced all-overhead Open Road Tolling system. Today's milestone celebrates the full opening of the roadway and represents the official launch of the end-to-end all-overhead Open Road tolling system into live traffic operations. The system is supplemented by the industry-first combined C-V2X Toll & Safety subsystem delivered in December 2025. The I-485 Express Lanes represent a pioneering shift in American transportation infrastructure. Led by Indra in collaboration with the North Carolina Turnpike Authority (NCTA), the project moves beyond traditional tolling by integrating cutting-edge perception and communication technologies: All-overhead Open Road Tolled: The system eliminates the need for intrusive in-pavement sensors, offering a lightweight, sustainable and maintenance-friendly approach for the NCTA. Dual-use 3D LiDAR: The infrastructure uses high-precision 3D LiDAR and artificial-vision to ensure accurate vehicle detection, tracking and classification for tolling purposes. The same 3D LiDAR augments NCTA's traditional traffic management systems with additional safety and incident monitoring functionalities. Operational Back Office with Dynamic Pricing: The system assembles transactions, prices them dynamically based on congestion levels, and sends them to NCTA's commercial back office. Integrated C-V2X Technology: As the first at-scale deployment of its kind in the U.S., the system allows connected vehicles to communicate directly with the roadside for real-time tolling notifications and safety alerts. The implementation of this next-generation system offers significant advantages for both the operator and the driving public: Real-Time Traffic and Safety Alerts: Indra's 3D LiDAR perception system enhances safety by detecting critical road events, such as pedestrians or wrong-way vehicles. C-V2X infrastructure provides real-time safety and traffic information to connected vehicles. Streamlined Payments: Connected vehicles technology allows for seamless communication between the car and the infrastructure, providing real-time toll data and an additional payment option to drivers. National Benchmark: Following the successful delivery in late 2025, the I-485 corridor now serves as a national benchmark for operational V2X tolling on a live highway. The completion of the I-485 project solidifies Indra's growing mobility business in North America, adding to a portfolio that includes the I-66 Outside the Beltway project in Virginia, HOV detection systems on the I-95, I-495, I-395 and I-77 Express Lanes, SR400 in Georgia, and other projects in the U.S. and Canada. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €62.05, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 14x in the IT industry in Italy. Simply Wall St's valuation model estimates the intrinsic value at €53.42 per share. Tillkännagivande • Feb 26
Indra Sistemas, S.A. Announces Dividend for 2025, Payable on July 9, 2026 Indra Sistemas, S.A. announced the payment of a €0.30 dividend per share (more than 20% above the dividend in 2024) charged to the earnings posted in 2025, payable on July 9, 2026. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €55.50, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the IT industry in Italy. Simply Wall St's valuation model estimates the intrinsic value at €26.01 per share. New Risk • Nov 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 02
Third quarter 2025 earnings released: EPS: €0.44 (vs €0.40 in 3Q 2024) Third quarter 2025 results: EPS: €0.44 (up from €0.40 in 3Q 2024). Revenue: €1.19b (up 7.2% from 3Q 2024). Net income: €76.6m (up 9.3% from 3Q 2024). Profit margin: 6.4% (up from 6.3% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the IT industry in Italy. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €49.92, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the IT industry in Italy. Simply Wall St's valuation model estimates the intrinsic value at €26.99 per share. Tillkännagivande • Jul 31
Indra Sistemas, S.A. (BME:IDR) acquired Duro Felguera Production Plant in Gijón from Duro Felguera, S.A. (BME:MDF). Indra Sistemas, S.A. (BME:IDR) acquired Duro Felguera Production Plant in Gijón from Duro Felguera, S.A. (BME:MDF) on July 30, 2025. Following the completion, Indra welcomed the factory's 156 professionals to the group. The acquisition strengthens Spain's and Europe's defense industrial base and contributes to ensuring European sovereignty and autonomy.
Indra Sistemas, S.A. (BME:IDR) completed the acquisition of Duro Felguera Production Plant in Gijón from Duro Felguera, S.A. (BME:MDF) on July 30, 2025. Reported Earnings • Jul 25
Second quarter 2025 earnings released: EPS: €0.88 (vs €0.30 in 2Q 2024) Second quarter 2025 results: EPS: €0.88 (up from €0.30 in 2Q 2024). Revenue: €1.32b (up 11% from 2Q 2024). Net income: €155.5m (up 192% from 2Q 2024). Profit margin: 12% (up from 4.5% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Italy. Tillkännagivande • Jul 09
Indra Sistemas, S.A. to Report First Half, 2025 Results on Jul 23, 2025 Indra Sistemas, S.A. announced that they will report first half, 2025 results on Jul 23, 2025 Buy Or Sell Opportunity • Jun 27
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 50% to €36.16. The fair value is estimated to be €28.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. New Risk • Jun 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • May 20
Now 25% overvalued The stock has been flat over the last 90 days, currently trading at €35.12. The fair value is estimated to be €28.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Reported Earnings • May 07
First quarter 2025 earnings released: EPS: €0.34 (vs €0.35 in 1Q 2024) First quarter 2025 results: EPS: €0.34 (down from €0.35 in 1Q 2024). Revenue: €1.20b (up 5.5% from 1Q 2024). Net income: €59.2m (down 3.3% from 1Q 2024). Profit margin: 4.9% (down from 5.4% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the IT industry in Italy. Tillkännagivande • May 01
Indra Sistemas, S.A., Annual General Meeting, Jun 24, 2025 Indra Sistemas, S.A., Annual General Meeting, Jun 24, 2025. Location: avenida de bruselas 35, alcobendas, madrid Spain Tillkännagivande • Apr 28
Iveco Group's Defense Unit Reportedly Attracts US Buyout Firms Bain Capital , KPS Capital Bain Capital, LP and KPS Capital (KPS Capital Partners, LP) are interested in Iveco Group N.V. (BIT:IVG)’s defense unit, according to people familiar with the matter, as the Italian truckmaker looks to seize on the rising demand for military assets. The two US buyout firms have been considering bids for the business that makes armored and tactical vehicles, said the people, who asked not to be identified as the information is private. Deliberations are ongoing and they could decide against pursuing any deal, the people said. Shares in Iveco extended their gains and rose as much as 4.8% on April 25, 2025 following the Bloomberg News report. The private equity firms have previously invested in aerospace and defense. The company announced in February that it was considering separating its defense unit through a spinoff. Iveco is seeking as much as €1.5 billion for the business, which includes the IDV brand, Bloomberg News reported in March. Any potential suitors could face an uphill battle to acquire the business. Rome-based defense company Leonardo S.p.a. (BIT:LDO) is considered the likeliest buyer, because the Italian government could prefer to keep the operations in local hands and the two companies already have supply agreements, according to people familiar with the matter. Leonardo — whose biggest shareholder is the Italian government - has been holding on-and-off talks with Iveco to buy the unit since last year, but so far the parties have been unable to agree on a price, people familiar with the matter said last month. Leonardo could make a bid with its joint venture partner Rheinmetall AG (XTRA:RHM), the people said at the time. KNDS NV (KMW+Nexter Defense Systems N.V.) and Czechoslovak Group (CZECHOSLOVAK GROUP a.s.) are also among companies with possible interest in the Iveco business, the people said. Indra Sistemas, S.A. (BME:IDR), the state-backed Spanish defense and technology company that has said it’s looking to expand its military-related business, considered a potential bid but decided against it for now, the people said. Iveco could opt to list the business if it doesn’t get high enough bids, the people said. Representatives for Bain, KPS, Czechoslovak Group and Indra declined to comment. A representative for Iveco also declined to comment, adding that the board will provide an update in due course following all necessary internal and regulatory approvals. A spokesperson for KNDS didn’t immediately respond to queries. Tillkännagivande • Apr 07
Indra Sistemas, S.A. to Report Q1, 2025 Results on May 06, 2025 Indra Sistemas, S.A. announced that they will report Q1, 2025 results Pre-Market on May 06, 2025 Tillkännagivande • Nov 05
Indra Sistemas, S.A. (BME:IDR) agreed to acquire Global Ats Limited and Micro Nav Ltd from Quadrant Group Limited. Indra Sistemas, S.A. (BME:IDR) agreed to acquire Global Ats Limited and Micro Nav Ltd from Quadrant Group Limited on November 4, 2024.
The transaction is subject to approval by regulatory board / committee and approval of offer by acquirer board. The deal has been approved by the board.
Pinsent Masons acted as legal advisor for Quadrant Group Limited. Clifford Chance S.L.P. acted as legal advisor for Indra Sistemas, S.A. KPMG Recursos S.A. acted as due diligence provider for Indra Sistemas, S.A. Cavendish Corporate Finance LLP acted as financial advisor for Quadrant Group Limited. Tillkännagivande • Aug 08
Indra Sistemas, S.A. (BME:IDR) signed a contract to acquire DEIMOS Space S.L.U. from Elecnor, S.A. (BME:ENO). Indra Sistemas, S.A. (BME:IDR) signed a contract to acquire DEIMOS Space S.L.U. from Elecnor, S.A. (BME:ENO) on August 7, 2024. Indra Sistemas received approval from the shareholders of Indra for Space spin-off and the creation of the Space New company. The transaction is expected to be completed in the last quarter of the year, once the customary regulatory approvals have been obtained. Tillkännagivande • Feb 12
Indra Sistemas, S.A. (BME:IDR) acquired remaining 65% stake in Global Training Aviation, S.L. Indra Sistemas, S.A. (BME:IDR) acquired remaining 65% stake in Global Training Aviation, S.L. on February 10, 2024.Indra Sistemas, S.A. (BME:IDR) completed the acquisition of 65% stake in Global Training Aviation, S.L. on February 10, 2024. Tillkännagivande • Jun 03
Indra Sistemas, S.A. (BME:IDR) entered into a binding agreement to acquire Park Air Systems Ltd from Ngc Uk Ltd. Indra Sistemas, S.A. (BME:IDR) entered into a binding agreement to acquire Park Air Systems Ltd from Ngc Uk Ltd on June 2, 2023. The transaction is subject to customary conditions. The transaction is expected to complete in H2 2023. 
