Overview
- Net profit rose to €291 million through September as revenue grew 6% to €3.611 billion and EBITDA increased 10% to €405 million.
- Order backlog stood at €9.512 billion at end‑September, including €1.476 billion from consolidating TESS Defence, with profit also lifted by a higher valuation of Indra’s Tess stake.
- Net new contracting climbed 20%, driven by air traffic management wins in the United States and United Kingdom, Eurofighter and radar deals in Germany and Oman, and mobility contracts in Chile, Colombia and Romania.
- Spain adjudicated €6.58 billion in zero‑interest PEM credits, and Indra says this underpins an expectation to top €10 billion in defense backlog next year; local reporting indicates the company is set to lead most PEM projects.
- Management is bringing forward phase two of its strategic plan with an investor day slated for Q2 2026, while free cash flow fell to €57 million and net debt rose to €114 million.