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Investing.com -- Indra reported financial results that fell short of expectations, with revenue missing by 4% and EBIT (earnings before interest and taxes) missing by 6%. The company’s net income performed slightly better than anticipated.
Despite these misses, the Spanish technology and defense company highlighted several positive leading indicators. The company’s backlog excluding TESS Defence grew by 14% year-over-year in the first nine months of 2025, while order intake increased by 20% during the same period.
Looking ahead, Indra expressed confidence in its defense business, projecting that it will double its defense backlog in 2026 to more than €10 billion.
The company reaffirmed its full-year 2025 guidance, maintaining its previously announced financial targets despite the quarterly shortfalls.
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