indra

In the World 30th January 2025

Indra implementing supply and logistics systems at Port of San Antonio in Chile

Alphavalue/DIVACONS | The Spanish IT services and consultancy company announced on Tuesday that it is implementing the digitalisation and interoperability systems of all the processes involved in the supply and logistics chain of the Port of San Antonio in Chile, the country’s main and largest port. Indra’s Port Community System (PCS) integrates in a single digital platform in the cloud, all the information related to the activities of transport of…

In Spain 21st January 2025

Indra Board appoints Angel Escribano as executive chairman and board member following Marc Mutra’s departure to Telefónica

Intermoney | On Saturday afternoon, Telefónica (TEF) informed the National Securities Market Commission (CNMV) that it was dismissing its current chairman, Jose María Álvarez-Pallete, and appointing Marc Murtra (current chairman of Indra) as the new chairman. Indra (IDR) yesterday issued a statement announcing the resignation of its current chairman, and also announcing the appointment of Ángel Escribano as the new executive chairman. Escribano is co-founder and owner with his brother…

In Spain 18th December 2024

Indra showcases capabilities of state-of-the-art Cyber Situational Awareness System

Link Securities | The company, invited by NATO’s Allied Command Transformation (ACT), demonstrated at one of the world’s largest collective cyber defence exercises, the Cyber Coalition 2024 held in Estonia from 2-6 December, the concept and capabilities of a new state-of-the-art Cyber Situational Awareness System, digital portal Bolsamania.com reported yesterday. The platform (called CySAS, Cyber Situational Awareness System) provides a real-time view of operations being conducted in and through cyberspace…

In Europe 16th December 2024

Eurocontrol successfully implements first digital air traffic management platform using Indra technology

Alphavalue/DIVACONS | Eurocontrol successfully implemented, in collaboration with ATOS and Microsoft, the first digital platform for air traffic management in the public cloud. This platform uses digital technology developed by Indra (IDR) and is part of the Integrated Nerwork Management (iNM) programme, driving the digitisation of the systems that manage the European aviation network. Indra: Add, Target Price €20.5/share.

In Europe 12th December 2024

Indra, one of two finalists in tender for Transport for London’s payment system, valued at around €1.8 billion

Link Securities | The Spanish technology group is bidding for London’s public transport payment system, valued at £1.5 billion (around €1.8 billion), an amount that does not include VAT of 20%, Expansión newspaper reports today. Indra is one of the two finalists in the bidding process carried out by the public body Transport for London (TfL) for the so-called Proteus Contract. Its rival is Cubic Transportation Systems, the US firm…

In the World 14th November 2024

Indra awarded contract with Vietnam’s air navigation service provider

Link Securities | Indra (IDR) has been awarded a contract with Vietnam’s air navigation service provider, VATM (Vietnam Air Traffic Management Corporation), to renew a large part of the country’s air traffic management systems. Based at the Ho Chi Minh City control centre, the company will implement its ManagAir automation solution, one of the most advanced and widely used in control centres and airports around the world, according to the…

In Spain 3rd November 2024

Indra exceeds expectations and reports net profit of €70m (+24%) in 3Q24 with financial results of €9.6m and tax rate of -29%

Renta 4 : Results have met our revenue guidance (+2% vs R4e) and have largely outperformed at operating and net level: Ordinary revenues €1. 096m (in line vs R4e, +2% vs consensus and +9% vs Q3 23), EBIT, main magnitude, €111m (+12% vs R4e, +10% vs consensus, +25% vs Q3 23), EBITDA €140m (vs €114m R4e and +20% vs Q3 23) and net profit €70m (+9% vs R4e, +8% vs…

Spanish economy 9th October 2024

Indra begins process of selling Minsait Payments separately from parent company, with value of €500-600 million

Intermoney | Indra informed the National Securities Market Commission (CNMV) yesterday, with the market closed, that the board of directors had approved the formal process of selling Minsait Payments separately from its parent company, having detected a high level of interest in ķthe market for the means of payment business. According to several media reports, the value of the subsidiary could be in the region of €500-600 million. This would…

Spanish economy 9th September 2024

Redeia’s possible transfer of Hispasat satellites to Indra could be largest operation of listed companies State has a stake in

Link Securities | The possible transfer of the Spanish satellite group Hispasat to Indra (IDR) by Redeia (RED) could become the largest transaction so far carried out by state-owned companies, which in turn are listed on the stock exchange, according to Expansión newspaper on Monday. This means that, according to legislation (Ley de Sociedades de Capital and other regulations), it could be considered a related-party transaction. This opens the door…

Companies, Ibex 8th August 2024

Indra buys space subsidiary Deimos from Elecnor for around €20-25 million

Intermoney | Indra (IDR) has acquired the Deimos company from Elecnor, a subsidiary specialised in the development of space missions and satellite integration, according to several media. It has subsidiaries in the UK, Portugal, Italy and Romania. The price has not been made public, but could be in the region of €20-25 million, according to the press. Deimos has a strong position with space institutions, participating in national and European…

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