ITP achieved consolidated sales of over 479 million euros in 2009, representing a 0.9% reduction on figures for the same period in the previous year. Over the course of the year, ITP strengthened its position as leading industrial company on a national scale in terms of its ratio for investment in R&D to sales, with a figure of 14.6%.
Broken down by business area, in the civil area, for aeronautic and industrial turbines combined, sales stood at 189 million euros, showing a 4% increase on the previous year. This represents a year of consolidation for ITP in a market situation that has been affected by the worldwide financial crisis, one indication of which is the 3% drop in air traffic. As well as the agreement for the Trent XWB low pressure turbine, other achievements included the first flight of the B787 Dreamliner and of the new business aircraft model, the Gulfstream 250, where ITP also has a stake in the engine specifications.
As for Defence business, sales stood at 188 million euros, showing an 8.5% increase on 2008. Highlights in this area included the signing of the
