Indra reaches all-time highs in backlog, order intake, revenues and EBIT in 2022, and cash generation reduces net debt to almost zero, with a 67% growth in the dividend

2022 Backlog exceeded €6,300m (+16% vs 2021), while order intake up +29% vs 2021, bolstered by Transport & Defence.

Revenues reached €3,851m in 2022 (+14% vs 2021), showing both Minsait (+18%) and Transport & Defence (+6%) solid growth. FX contributed positively with €67m in 2022 vs €-41m in 2021.

2022 EBIT reached an all-time high of €300m, +18% increase year-on-year, thanks to the improvement of the Operating Margin in both divisions compared to 2021.

T&D EBIT margin reached 12.2% and Minsait 5.5% in 2022.

Basic earnings per share (EPS) increased +20% compared to 2021. 2022 Net profit of the group stood at €172m vs €143m in 2021.

Free Cash Flow in 2022 was €253m, bringing Net Debt/EBITDA ratio down to 0.1x compared to 0.8x in December 2021.

Indra announced the payment of a dividend of €0.25 per share out of 2022 earnings, payable on July 12th, 2023. This dividend represents an increase of +67% compared to the previous year's dividend (€0.15/share).