Spain's Indra jumps on strong defence revenue beat

Indra Sistemas SA

23/07/2026 08:42

** Shares in Indra IDR.MC rise 4.1% after the Spanish defence and technology firm posted strong quarterly and first-half revenue and operating profit, keeping full-year outlook unchanged
** Q2 revenue rose to €1.84 bln ($2.17 bln), above the €1.79 bln expected in company-compiled consensus, J.P. Morgan says
** Renta 4 said quarterly figures were well above its forecasts and above consensus at EBIT level, which was at €198 mln vs €160 mln in the broker estimates
** JPM says the beat was driven by defence and showed continued progress in Indra's shift toward aerospace and defence
** The brokerage expects limited changes to consensus forecasts due to unchanged guidance
** Up to the previous session's close, shares were up 5.3%​ YTD

 (Reporting by Mireia Merino)
 ((Mireia.merino@thomsonreuters.com))