The recovery continued in Q3 16, despite a low and disappointing top-line. Q3 16 figures In Q3 16, revenue was €619m (-6%). At constant currency, revenue decreased by 5% following -1% in H1 16. Revenue decreased in all divisions: -1% in T&D (vs +4% in H1 16) due to the drop in activity in the Transport/traffic sector (-13%) offsetting the strong increase in revenue in the Defence/security sector (+14%), -9% in IT (vs -5% in H1 16) due to the drop in activities in all verticals except
16 Nov 2016
Ongoing recovery even still
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Ongoing recovery even still
Indra Sistemas, S.A. Class A (IDR:WBO) | 0 0 0.5% | Mkt Cap: 1,934m
- Published:
16 Nov 2016 -
Author:
Hélène Coumes -
Pages:
4
The recovery continued in Q3 16, despite a low and disappointing top-line. Q3 16 figures In Q3 16, revenue was €619m (-6%). At constant currency, revenue decreased by 5% following -1% in H1 16. Revenue decreased in all divisions: -1% in T&D (vs +4% in H1 16) due to the drop in activity in the Transport/traffic sector (-13%) offsetting the strong increase in revenue in the Defence/security sector (+14%), -9% in IT (vs -5% in H1 16) due to the drop in activities in all verticals except