Indra Sistemas : Another excellent performance in Q1. A good outlook for 2022
>Growth very impressive once again in Q1 2022 - Indra published Friday morning Q1 revenues of € 851m, 6% above estimates, thanks to organic growth of 11% which was much stronger than expected (ODDO BHF +5.3% org.). This excellent performance was driven by Minsait (IT services) with growth of 16% at cc, i.e. 1.4% org. All sectors posted double-digit growth, in particular the public sector (+28% at cc). T&D showed organic growth of 6% with a temporarily lacklustre defen...Indra Sistemas is engaged in the design, development, manufacture, assembly, repair, and installation of computer software and applications. Through its subsidiaries, Co. is engaged in consulting, graphic design and multimedia, web design and marketing, internet development and electronic trade, systems integration and hosting geared business to business and business to consumer, as well as in internet financing and electronic marketing. Co. serves defense and security, transport and traffic, energy and industry, telecom and media, finance and insurance, and public administration and healthcare markets. Co. operates primarily in Europe, the United States, Canada, and Latin America.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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