Total Indra revenue in 2014 stood at €2,938 million, representing 5% growth in local currency terms and 1% in the reported numbers (in euro).
By regions, the performance in Latin America stood out, with growth of 10% in local currency terms, as did European and North America, with an uptick of 7% in local currency. Spain (representing 39% of the total) showed a flat performance after four years of declines.
In local currency terms, all vertical markets recorded growth: Financial Services up 9%; Public Administrations & Healthcare 7%; Transport and Traffic 5%; Security and Defense 3%, Energy and Industry 3%; Telecommunications and Media 2%.
Order intake grew 4% in local currency terms and there was double-digit growth in Latin America and AMEA in local currency terms, and also in the vertical markets of Transport & Traffic, Financial Services and Public Administrations & Healthcare. This increase in order intake drove the order backlog to €3,473 million (+3% in local currency), equivalent to 1.2 times revenue for the last twelve months.
Breakdown Revenues by Market.