Prosegur Cash net profit rises 8.1% to €26 million

Madrid, May 4, 2025. Prosegur Cash, an international leader in the transportation of valuables and comprehensive cash management, has recorded a net profit of €26 million euros during the first three months of 2026, 8.1% up on the same period of the previous year. Sales reached €497 million, a decrease of 3.7% compared to the first quarter of 2025, attributable to the currency impact in several of the regions where the group operates.

Prosegur Cash's EBITA in the first three months of the year reached €56 million, with a margin of 11.3%. It is worth noting the heathy performance of Transformation Products, which continued the growth trend of previous quarters, registering an increase of 6.2%, reaching sales of €181 million. Transformation Products now make up 36.4% (+340 basis points YoY) of sales, demonstrating the healthy performance of this type of product, such as Cash Today, a/our cash digitalization product.

Activity by geographies

Latin America has contributed 58% of the company's total turnover between January and March 2026, with organic growth of 1.5%. The region has reported sales of €291 million. Transformation Products in the region already account for 40.4% of the total, with an increase of 5.5% compared to the same quarter of 2025, reaching €117 million.

Europe, in turn, represents 32% of the Group’s total revenues, with organic growth of 3.8%. The region has achieved sales of €161 million, experiencing 3.6% growth compared to the first quarter of 2025. In this market, Transformation Products grew by 9.1%, reaching €53 million, with their share of sales increasing by 170 basis points to 32.6%.

The Asia-Pacific region contributed 9% of the group's total sales in the first quarter of 2026, driven by organic growth of 12.6%. The region generated revenues of €45 million. Growth in Transformation Products reached a 5.1% ex-currency effect compared to the same period of the previous year, amounting to €11 million and representing a 24.1% penetration of total revenues.

Cash flow increases, debt falls

In terms of cash generation, Prosegur Cash has achieved a free cash flow of €6 million in the first three months of 2026, in line with the same result for this period in 2025. The cash conversion ratio stood at 75%, and total net debt was reduced by €47 million compared to the same period of the previous year, to €845 million, bringing the leverage ratio to 2.4x EBITDA.

Recent notable milestones

The company has recorded significant milestones in the first quarter of 2026, including having been included for the first time in the S&P Global Sustainability 2026 index of the companies with the best results in corporate sustainability within their respective sectors.

In turn, Prosegur Cash, through its institutional digital asset custody service, Prosegur Crypto, has signed an alliance with Minos Global, a Spanish company specializing in the custody, purchase and sale and management of digital assets, and Nuek, the Indra Group’s payment infrastructure unit, to explore the joint development of digital payment, stablecoins and asset tokenization solutions.