Press Room
Prosegur Cash grows net profit by 2.1% to €68 million
The company posted revenue of €1.51 billion in the first nine months of the year, up 1.4% year on year, or 2.8% on a like-for-like basis following the divestment of AVOS.
Madrid, 3 November 2026. Prosegur Cash, a global leader in Cash and Valuables in Transit (CViT) and Cash Management, reported revenue of €1.51 billion in the first nine months of the year, up 1.4% year on year. With total organic growth of 2.6%, all regions performed well, reflecting the strength of the business and its solid results across its different markets.
Net profit stood at €68 million, up 2.1% versus the first nine months of 2025. EBITDA was up by 1.2% over the period to €254 million, and the margin remained in line with 9M 2025.
Latin America accounted for 57% of total revenue in the first nine months of 2026. The region reported revenue of €864 million over the period, up 1% versus 9M 2025 in euro terms, and posted organic year-on-year growth of 1.2%. Europe accounted for 34% of the total with revenue of €506 million, up approximately 1.9% year on year, and organic growth of 1.9%. Asia-Pacific contributed 9% of total revenue at €140 million, up 2.7% year on year, driven by robust organic growth of 13.5%.
Transformation Products: stepping up growth
Customer adoption of Prosegur Cash's Transformation Products was strong in the first nine months of 2026 and continued to improve; their share of total revenue increased by 110 basis points versus 9M 2025 to stand at 36.2%. On a like-for-like basis, netting out the impact of the AVOS divestment, Transformation Products saw growth accelerate to 8.3%, with Cash Today performing particularly well. This momentum is reflected across all the regions in which the company operates.
In Latin America, the penetration rate of Transformation Products climbed 110 basis points to 38.8%, with revenue up 3.9% year on year to €335 million. Transformation Products continued to grow in Europe, up 5.8% to €174 million and accounting for 34.4% of regional revenue (+130 bps). In Asia-Pacific, these products delivered growth of 5.2%, with total revenue of €37 million and a penetration rate of 26.1% (+60 bps).
Continued deleveraging and debt reduction
Prosegur Cash generated strong free cash flow of €83 million in the first nine months of 2026, up 10% year on year. Total net debt fell by €53 million over the last twelve months (LTM) to €784 million, bringing the net debt to EBITDA ratio to 2.2 times, down 0.1x versus 9M 2025.