H1 15 earnings: Revenue reached €1,409m (-4.5%, -5% at constant currency). Lower revenue was attributable to the decrease in revenue (€88m) of the elections-related business. Excluding this item, underlying revenue grew by 2% at constant currency. Revenue growth was significant in Spain (+7%, o/w +8% in Q2 15). Conversely, revenue was flat in Latin America (both on the reported figure and at constant currency) where the Service division was affected by low demand, and dropped in Eur
03 Aug 2015
Huge losses, negative FCF, higher net debt
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Huge losses, negative FCF, higher net debt
Indra Sistemas, S.A. Class A (IDR:WBO) | 0 0 0.5% | Mkt Cap: 1,934m
- Published:
03 Aug 2015 -
Author:
Hélène Coumes -
Pages:
3
H1 15 earnings: Revenue reached €1,409m (-4.5%, -5% at constant currency). Lower revenue was attributable to the decrease in revenue (€88m) of the elections-related business. Excluding this item, underlying revenue grew by 2% at constant currency. Revenue growth was significant in Spain (+7%, o/w +8% in Q2 15). Conversely, revenue was flat in Latin America (both on the reported figure and at constant currency) where the Service division was affected by low demand, and dropped in Eur