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General

Spain's Indra posts EUR 65 mln FY loss on Covid impact

Thursday 25 February 2021 | 11:14 CET | News
Spanish ICT group Indra said heavy Covid-19 and FX impact on its global business resulted in a EUR 65 million net loss in 2020 as a whole, compared to a EUR 121 million profit in 2019. The company's EBIT came in at a negative EUR 33 million compared to a positive EUR 221 million in 2019, affected by delays to ongoing projects and lower activity, with 2020 revenues down 5.0 percent on a reported basis to EUR 3.04 billion.

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Categories: General
Companies: Indra
Countries: Spain / World
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