Prosegur Cash net profit up 3.3% to €94 million in 2025

Madrid, 27 February 2026.- Prosegur Cash, an international leading company in logistics and management of cash and other securities, has reported a net profit of €94 million (up 3.3% on 2024).  

The company has reported sales of €1,987 billion in 2025, 4.9% down on 2024, mainly due to the impact of currency fluctuations amid the devaluation of the US dollar against the euro and other currencies. Despite this, the company has managed to achieve overall organic growth of 5.3%. All the regions where it operates have contributed to the company's organic growth, reflecting a solid and positive evolution of its business model. Of particular note is the performance of Asia-Pacific, with organic growth of 21.7%, followed by Latin America with 5.4%, and Europe’s 1.5%.  

Prosegur Cash's EBITA reached €238 million, with a stable margin of 12%, despite the impact of currency fluctuations in both Latam and Asia, and despite the slowdown in consumption in Argentina. The pro forma EBITA margin has registered a sequential improvement of +30 basis points QoQ, to 12.5% in the last quarter of the year, reflecting a positive operating evolution. 

Free Cash Flow stood at €108 million, supported by disciplined CAPEX management and controlling focus on working capital control. In addition, Total LTM Net Debt has been reduced by €36 million (YoY), strengthening the group's financial position. The leverage ratio stands at 2.4x within the company's target ranges due to the aforementioned impact of currencies on EBITDA. 

Transformation Products maintained a solid growth trend in 2025, registering an increase of 4.1% YoY. This segment already exceeds 35% of the business's total sales and has reached €700 million. Cash Today is the main growth lever in this area.  

Activity by geographies 

In Latin America, sales reached €1,145 billion in the 2025 financial year, impacted by currency fluctuations. The penetration of Transformation Products in this region has increased to 38%, standing at €435 million, 1.6% up on the previous year. Adjusted EBITA for the region reached €184 million. 

In Europe, sales in 2025 totaled €662 million, up 1.4% on 2024, and accounting for a third of the business's total revenues. For its part, the penetration of Transformation Products reached 33% with respect to total sales, up +2% on the previous year. Pro-forma EBITA (excluding other extraordinary results) reached €35 million, 15.6% more than in 2024. 

In the Asia-Pacific region, sales reached €180 million in 2025, up 26.4% YoY, representing 9% of the business's global sales compared to 7% twelve months ago. Sales of Transformation Products in the region have increased by 53.9%, driven by Forex and Cash Today. Adjusted EBITA for the region reached a double-digit margin, consolidating the operational improvement and amounting to €19 million for the year. 

Recent Notable Milestones 

Prosegur Cash issued a bond in 2025 for  €300 million, and met the scheduled repayment of the outstanding bond of €600 million. This transaction is part of the company's financing strategy, aimed at maintaining a balanced and diversified debt profile, complementing a range of financing channels. As part of the shareholder return policy, the company has proposed a dividend of €62.5 million, reflecting its commitment to sustainable shareholder remuneration. 

Prosegur Cash has made significant progress in terms of sustainability and management over the last year. The company met its decarbonization targets, reducing its emissions by 8.4% compared to the reference year 2023, versus a target of -1.7%. In the field of occupational safety, a 9% reduction in the Accident Frequency Index (YoY) was achieved, along with the launch of specific Road Safety training for the Cash fleet. The company maintains its commitment to good corporate governance, obtaining the highest G++ rating from AENOR and reinforced its compliance culture with 2,484 employees certified in Compliance.