Indra Sistemas, S.A. (BME:IDR) is looking for bolt-on acquisitions. Ignacio Mataix, Chief Executive Officer said, "I think regarding M&A, I think we will continue looking into bolt-on acquisition on both segments, both in IT and in Transport and Defense. And we will continue applying our very, very strict policies - for been conservative on what we look at and looking at them very closely.

So we are not going to change our policy there and I think there are good deals and we have a good pipeline on M&A on the table and we will continue with that".