Indra Sistemas Sa Ord (ISMAF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Welcome to INDRA's nine-month 2025 results presentation. And now I'll hand the conference over to Mr. Ezequiel Neto, Head of Investor Relations. Please go ahead. Buenos dias y bienvenidos. Good morning and welcome to INDRA's earnings call for the first nine months of 2025. My name is Ezequiel Nieto, Head of Investors Relations. Let me first call your attention to the current slide, which contains the legal framework under which this presentation should be considered. Let me now introduce today's speakers, Jose Vicente de los Monzo, INDRA's Chief Executive Officer, and Miguel Forteza, Chief Financial Officer. Jose Vicente, you have the floor. Thank you very much Ezequiel, good morning everybody and welcome to INDRA's 9-month 2025 results presentation. INDRA has continued to grow and make solid progress in executing a strategic plan leading the future, delivering financial results in line with our guidance and achieving significant business milestones while we keep on transforming the culture of our company. Starting with the financial results, what I must say is that we are going to overcome, to have better results than what we had set for 2025. So the first question you might ask is why are you not following the guidance where our objective now is to get ready for the new programs which require operational expenses and investments and our priority today is to get ready for the future. Our backlog And intake have grown a double digit compared to the first nine months of 2024. Specifically, the backlog has grown by 35% partly due to the consolidation of tests. And intake by 20%. These figures are prior to the PEMs. special modernization programs. Revenues grew by 6% and EBITDA and EBITDA by 10%. Operating profit has grown by 11% in absolute terms and the ...