(Reuters) -Spanish defence and technology firm Indra said on Tuesday its first-quarter net profit fell 3.2% on higher financial costs and heavier taxes. The company booked a net profit of 59 million
Indra's First-Quarter Profit Declines Due to Increased Costs
(Reuters) -Spanish defence and technology firm Indra said on Tuesday its first-quarter net profit fell 3.2% on higher financial costs and heavier taxes.
The company booked a net profit of 59 million euros ($66.77 million) down from 61 million euros in the same period last year.
The company said it is on track to meet its targets for 2026 and will meet its long-term goal of 10 billion euros in revenues earlier than 2030.
($1 = 0.8836 euros)
(Reporting by Mireia Merino and Javi West Larrañaga and Inti Landauro)
