ITP is a company that operates in the aeronautical and industrial engines markets. The сompany provides technology products and services throughout the entire product life cycle and includes among its activities the design, research and development, manufacture and casting, assembly and testing of aeronautical engines and gas turbines. It also offers MRO services for a wide range of engines for regional airlines, business aviation, helicopters, industrial and defense applications.

TypeSubsidiary
Parent CompanyRolls-Royce
HQZamudio, ES
Founded1989
Websiteitpaero.com
ITP was founded in 1989 and is headquartered in Zamudio, ES

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Key People/Management at ITP

Carlos Alzola

Carlos Alzola

Executive Director, CEO
Luis Álvarez

Luis Álvarez

Chief Operations Officer
Miguel Santolaya

Miguel Santolaya

Chief Financial Officer
Manuel González

Manuel González

Executive Director of Internal Governance & Resources
Jose Luis Zubeldia

Jose Luis Zubeldia

Executive Director
Mikel Lantero

Mikel Lantero

Executive Officer of the Civil Business Unit
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ITP Office Locations

ITP has offices in Zamudio, Albacete, Alcobendas, Barakaldo and in 13 other locations
Zamudio, ES (HQ)
300 Polígono Parque Tecnológico
Albacete, ES
Poligono Aeronautico y logistico, Carretera de las Peñas CM-3203, km. 5’300
Alcobendas, ES
Calle de Francisca Delgado, 9
Barakaldo, ES
El Barracon Kalea, 1
Bilbo, ES
Parque Tecnológico, Edificio 300
Getafe, ES
Paseo John Lennon
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ITP Financials and Metrics

Summary Metrics

Founding Date

1989
ITP is a subsidiary of Rolls-Royce

ITP Revenue

ITP's revenue was reported to be £936 m in FY, 2019 which is a 20.2% increase from the previous period.
Annual
GBPFY, 2017FY, 2018FY, 2019

Revenue

725.0m779.0m936.0m

Revenue growth, %

7%20%

Cost of goods sold

566.0m623.0m730.0m

Gross profit

159.0m156.0m206.0m
Half Year
GBPH1, 2017H1, 2018H1, 2019

Revenue

309.0m375.0m457.0m

Cost of goods sold

259.0m290.0m377.0m

Gross profit

50.0m85.0m80.0m

Gross profit Margin, %

16%23%18%
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ITP Operating Metrics

FY, 2017FY, 2018FY, 2019Apr, 2020

Backlog

£1.10 b£900 m£900 m

Engines and Modules Serviced

575

Facilities

7

Product Categories

6
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ITP Revenue Breakdown

Embed Graph

ITP revenue breakdown by business segment: 83.5% from OE Revenue and 16.5% from Services Revenue

ITP Online and Social Media Presence

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ITP News and Updates

Results from a Survey With Patients With Immune Thrombocytopenia (ITP) Demonstrates Disease Burden and Impact for Patients With ITP

STOCKHOLM, Dec. 8, 2019 /PRNewswire/ -- Dova Pharmaceuticals, a wholly owned subsidiary of Swedish Orphan Biovitrum AB (publ) (Sobi™), presented results from an online survey highlighting disease burden and impact for patients with immune thrombocytopenia (ITP), at the 61st Annual Meeting...

Real-world data show Novartis drug Promacta® improves outcomes for ITP patients compared to other second-line therapies

EAST HANOVER, N.J., Dec. 2, 2018 /PRNewswire/ -- Novartis announced results of a retrospective, real-world evidence study in patients with immune thrombocytopenia (ITP) treated with Promacta® (eltrombopag), compared to other second-line therapies. The data demonstrated that patients...

Dova Pharmaceuticals Submits Supplemental New Drug Application for DOPTELET® (avatrombopag) for the Treatment of Chronic ITP

DURHAM, N.C., Sept. 04, 2018 (GLOBE NEWSWIRE) -- Dova Pharmaceuticals, Inc. (NASDAQ: DOVA), a specialty pharmaceutical company focused on acquiring, developing, and commercializing drug candidates for diseases where there is a high unmet need, today announced the submission of a supplemental New D…

ITProTV named to the Inc. 500 list of America's fastest-growing private companies for 2018

GAINESVILLE, Fla., Aug. 15, 2018 /PRNewswire/ -- ITProTV, the home of binge-worthy learning™ for IT professionals and the fastest growing online learning membership platform, is pleased to announce that it placed #424 on the Inc. 500 – the magazine's 37th annual list of America's fastest...

IT Tech Packaging, Inc. to Report Q2 2018 Unaudited Financial Results on August 9, 2018

BAODING, China, Aug. 6, 2018 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that it will release its unaudited financial results for the...

New York University applauds Rajasthan CM Vasundhara Raje’s efforts in using technology to transform young lives

For three days last week, Bikaner in Rajasthan hosted the fifth event in its DigiFest series, meant to take technology and tech-driven entrepreneurship to the people. At this year’s DigiFest, New York...
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ITP Frequently Asked Questions

  • When was ITP founded?

    ITP was founded in 1989.

  • Who are ITP key executives?

    ITP's key executives are Carlos Alzola, Luis Álvarez and Miguel Santolaya.

  • What is ITP revenue?

    Latest ITP annual revenue is £936 m.

  • Who are ITP competitors?

    Competitors of ITP include Magellan Aerospace, Williams International and Mitsubishi Heavy Industries Aero Engines.

  • Where is ITP headquarters?

    ITP headquarters is located at 300 Polígono Parque Tecnológico, Zamudio.

  • Where are ITP offices?

    ITP has offices in Zamudio, Albacete, Alcobendas, Barakaldo and in 13 other locations.

  • How many offices does ITP have?

    ITP has 17 offices.