Indra increased its revenues +6% in 1H19

Backlog amounted to €4,420m, resulting again in the best-ever figure. Order intake reached €1,930m.

Revenue expansion accelerated in 2T19, with both T&D and Minsait posting growth. It is worth noting America (+15%).

Minsait sales increased by +6%. Digital solutions revenues up +18% and now it represents 22% of Minsait sales.

Within T&D, Transport grew its revenues +23%. Within Minsait, Energy & Industry sales went up by +13%.

EBITDA up +7% excluding the IFRS 16 impact. EBIT grew +8%.

Minsait EBIT Margin improved 220 basic points and went up to 2.8% despite the lower contribution of the Elections business.

Net profit of the group worsened -8% mainly as a consequence of higher taxes.

Free Cash Flow totaled €-237m in 1H19 vs €-61m in 1H18, impacted by the negative contribution of the working capital. Free Cash Flow before working capital was €72m in 1H19 vs €48m in 1H18.