Indra Sistemas Sa Ord (ISMAF) Q1 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Indira's first quarter 2024 results presentation. I now hand the conference over to Mr. Ezequiel Nieto, Head of Investor Relations. Please go ahead. Good morning and welcome to our first quarter results 2024 presentation. I'm Ezequiel Nieto, Head of Investor Relations, and as usual, let me refer you to disclaimer on slide number three that shows the legal framework under which this presentation must be considered. First, let me introduce the participants of this call. José Vicente de los Mosos, CEO of Indra, Antonio Mora, Chief Control Officer, and Luis Abril, Managing Director of MINSIGHT. José Vicente, the floor is yours. Thank you, Ezequiel. Ladies and gentlemen, good morning. And welcome to our conference, and thanks for being with us this morning. I think it's fair to say that our first quarter result has been very strong and positive. I try never go back and are a great starting point for our strategy plan leading the future and the right first step to achieve this target. Let's start with slide number five, where we display our main business achievement for the quarter. First of all, we have taken our first step to deliver on our strategy presented in the Capital Market Day by creating our space subsidiary with the aim of making it the cornerstone of our business activity in the coming years. As we said, we have the commitment of becoming a Tier 1 European player in space. We have also carried out the acquisition of the whole capital of global training, Aviation, to reinforce our position as one of the world's leading simulation companies. With this operation, Indra now covers the entire value chain of the business, from the manufacture of leading edge simulator to the provision of training services for pilots. Another very importan...