The company plans a new structure of its areas of activity, currently composed of the departments of Defense, Air Traffic Management, Mobility and Minsait, the firm's technological subsidiary.
The Spanish multinational Indra announced this Wednesday that it expects to invoice over US$6.5 billion in 2026 and reach a business volume of US$10.8 billion by 2030, a figure that is more than double the 4.343 million euros it received. last year, according to the document that the company has sent to the National Securities Market Commission (CNMV) with its new strategic plan, called 'Leading the future'.
In this context, the company foresees a new structure of its areas of activity, currently composed of the departments of Defense, Air Traffic Management (ATM), Mobility and Minsait (the company's technological subsidiary).
Indra will change this structure and will now have the areas of Defense, Air Traffic Management, Space, Minsait (which will include Mobility) and "new industrial businesses."
Thus, the company has indicated that it plans to include new partners in Minsait to increase its autonomy and also that it will create a new subsidiary dedicated to the aerospace sector.
As for this new subsidiary, its creation is expected to take place between 2024 and 2026 and that by 2030 it will achieve a turnover of around US$ 1,085 million.
GROWTH FORECASTS
Regarding the revenue of US$ 6,500 million euros expected for 2026, some US$ 5,750 million are attributed to the company's organic activity and, specifically, US$ 1,193 million will come from the Defense area, US$ 542 million will be from the Air Traffic Management department, US$ 65 million will come from the aerospace division and US$ 3,950 million from Minsait (including the current mobility department).
Meanwhile, the other US$ 760 million is expected to come from inorganic activity, that is, from future acquisitions.
Beyond the short and medium-term billing forecast, the company aims to achieve an operating margin of 12% in 2026 and 14% in 2030, as well as a net operating profit margin (Ebit) of 10% in 2026 and 12% in 2030. In 2023 Indra's operating margin was 10.3% and the Ebit margin was 8%.
In this way, Indra estimates that its gross operating profit (Ebitda) will stand at US$ 813 million in 2026 and that for that same year the Ebit will rise to US$ 651 million.
Of the US$ 813 million of Ebitda expected for 2026, US$ 705 million will correspond to the company's organic activity and the other US$ 108 are attributed to future acquisitions.
INVESTMENT IN R&D
On the other hand, the company's new strategic plan includes an investment plan in research and development (R&D) of US$ 3,255 million, as explained by both José Vicente de los Mozos and the president of Indra, Marc Murtra, during the presentation of the company's new roadmap.
Along these lines, investments in R&D will focus on digital technologies - such as artificial intelligence (AI), 'cloud' or IoT (internet of things) - and on "cutting-edge technologies", such as photonics, microelectronics or quantum.
Of the total amount that Indra will invest in R&D, around US$ 1,193 million will be "self-financed," highlighted Indra's CEO during the presentation of the plan.
FUSIONS AND ACQUISITIONS
Regarding the mergers and acquisitions (M&A) policy, the company plans to allocate 75% of the budget for this type of operations to transactions linked to the defense and aerospace sectors.
Likewise, its operations will focus on Spain, Western Europe and North America and will all be aligned with the group's new strategy and its ambition to become the 'national champion' of defense and technology.
In this context, the company has opened the door to enter the communication satellite operator Hispasat, currently owned by Redeia
