Edition:
India

Indra Sistemas SA (IDR.MC)

IDR.MC on Madrid SE C.A.T.S.

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Latest Key Developments (Source: Significant Developments)

Indra Confirms Talks With Rolls-Royce On Potential Acquisition Of Majority Stake In ITP
Friday, 14 Jun 2019 

June 14 (Reuters) - Indra Sistemas SA ::CONFIRMS THAT CONVERSATIONS ARE BEING HELD WITH ROLLS-ROYCE AIMED AT EXPLORING POTENTIAL ACQUISITION BY INDRA OF A MAJORITY STAKE IN INDUSTRIA DE TURBO PROPULSORES.SAYS HAS NOT ADOPTED ANY DECISION IN THIS REGARD AND IT CANNOT BE DETERMINED WHETHER SUCH TALKS WILL LEAD TO BINDING AGREEMENT WITH ROLLS-ROYCE.  Full Article

Indra To Supply Deployable Military Radar To The United Kingdom
Monday, 13 May 2019 

May 13 (Reuters) - Indra Sistemas SA ::TO SUPPLY DEPLOYABLE MILITARY RADAR TO THE UNITED KINGDOM.  Full Article

Tata Power Co Says Tata Power SED Gets 12 Bln-Rupee Contract From India's Defence Ministry
Friday, 22 Mar 2019 

March 22 (Reuters) - Tata Power Company Ltd ::TATA POWER COMPANY-TATA POWER SED GETS 12 BILLION RUPEES CONTRACT FROM THE MINISTRY OF DEFENCE FOR SUPPLY OF SHIP-BORNE 3D AIR SURVEILLANCE RADARS.TATA POWER COMPANY- CONTRACT WILL BE EXECUTED BY TATA POWER SED AS PRIME CONTRACTOR WITH FOREIGN OEM PARTNER INDRA SISTEMAS, SPAIN.TATA POWER COMPANY LTD - TATA ADVANCED SYSTEMS ENTERED SPA WITH TATA POWER FOR PURCHASE OF TATA POWER SED.  Full Article

Indra FY Net Profit Down At 120 Mln Euros YoY
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Indra Sistemas SA ::FY NET PROFIT 120 MILLION EUROS VERSUS 127 MILLION EUROS YEAR AGO.FY EBITDA 293 MILLION EUROS VERSUS 266 MILLION EUROS YEAR AGO.FY REVENUE 3.10 BILLION EUROS VERSUS 3.01 BILLION EUROS YEAR AGO.ORDER BACKLOG 4.07 BILLION EUROS AT END-DEC. VERSUS 3.61 BILLION EUROS AT END-DEC. 2017.SEES 2019 EBIT GROWTH OF MORE THAN 10 PERCENT IN ABSOLUTE TERMS VERSUS YEAR AGO.2019 REVENUES: LOW SINGLE DIGIT GROWTH IN LOCAL CURRENCY VERSUS 2018 REPORTED REVENUES.SEES 2019 FREE CASH FLOW OF MORE THAN €100 MILLION BEFORE NET WORKING CAPITAL.  Full Article

Indra To Equip Airports In Saudi Arabia With Systems To Guide Aircraft Movements
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Indra Sistemas SA ::WINS CONTRACTS TO EQUIP AIRPORTS IN RIYADH AND MEDINA, WITH SYSTEMS FOR MONITORING AND GUIDING AIRCRAFT MOVEMENTS ON RUNWAYS AND TAXIWAYS.  Full Article

Indra To Provide German Navy’S New Corvettes With Electronic Defense Systems
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - Indra Sistemas SA ::SIGNS CONTRACT TO PROVIDE GERMAN NAVY’S NEW CORVETTES WITH ELECTRONIC DEFENSE SYSTEMS.  Full Article

Indra Reaches Deal With Startup Finect To Enhance Their Innovative Open Banking Solutions
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Indra Sistemas SA ::REACHES DEAL WITH STARTUP FINECT TO ENHANCE THEIR INNOVATIVE OPEN BANKING SOLUTIONS.  Full Article

Indra 9-Month Net Profit Down 35 Pct At 55 Mln Euros YoY
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Indra Sistemas SA ::9-MONTH NET PROFIT 55 MILLION EUROS VERSUS 85 MILLION EUROS YEAR AGO.9-MONTH EBITDA 183 MILLION EUROS VERSUS 171 MILLION EUROS YEAR AGO.9-MONTH SALES 2.17 BILLION EUROS VERSUS 2.12 BILLION EUROS YEAR AGO.ORDER PORTFOLIO 4.03 BILLION EUROS AT END-SEPT. VERSUS 3.69 BILLION EUROS AT END-SEPT 2017.SAYS MAINTAINS ITS 2018 GUIDANCE.  Full Article

Indra To Supply Forensic Laboratory In Australia For 23 Mln Euros
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - Indra Sistemas SA ::SIGNS CONTRACT TO SUPPLY FORENSIC LABORATORY IN AUSTRALIA FOR 23 MILLION EUROS.MORE 90% OF CONTRACT WILL BE EXECUTED DIRECTLY IN AUSTRALIA WORKING CLOSELY WITH LOCAL MANUFACTURERS AND DISTRIBUTORS.  Full Article

Indra Wins Projects In China For 27 Mln Euros
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Indra Sistemas SA ::SAYS WINS PROJECTS TO TURN CHENGDU INTO THE THIRD AIRPORT HUB IN CHINA FOR 27 MILLION EUROS.  Full Article

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European stocks edge lower, Lufthansa drags after profit warning

European stock markets closed marginally lower on Monday with a profit warning from Germany's Lufthansa hitting airline stocks, while markets globally awaited clues from the U.S. Federal Reserve on its policy direction.