Indra begins the formal process of reviewing options regarding Minsait payments

The Board of Directors of Indra has decided to initiate a formal process to evaluate various alternatives related to Minsait Payments, as reported to the National Securities Market Commission (CNMV).

Indra will keep the market informed of the development of this processcomplying with the provisions of current legislation on the securities market.

At the beginning of March this year, during the presentation of its new strategic plan The company left open the possibility of including partners, majority or minority, in Minsait, a subsidiary that contributed more than 50% of the company’s revenue in the previous year.. Specifically, Minsait contributed €2.798 million of the total €4.343 million billed to Indra in 2023, as well as 48% of gross operating profit (Ebitda), equivalent to €214 million of the total €446 million.

Possible scenarios

Among the options considered There was a possibility that the company decided to sell the Minsait Payments business on its own.payment subsidiary Minsait. The market value of this division is estimated to be between 500 and 600 million euros.

As a result, Indra is in the process of evaluating options for Minsait Payments. which may entail significant changes in the structure of the company in the near future.