Prosegur Cash increases net profit by 22.2% to €48 million

Madrid, July 28, 2025. Prosegur Cash, the international leader in cash in transit and integrated cash management, today announced its results for the first half of 2025, highlighting organic growth of close to 10%, driven by increased business in all the regions in which it operates, along with a 22.2% net profit increase compared to the same period last year, reaching €48 million.

Prosegur Cash achieved total revenue of €1.005 billion in the first half of 2025, representing growth of 0.7% compared to the first six months of 2024. This was largely due to the greater currency impact of the weakness of the US dollar and other currencies in the regions where the company operates. Pro-forma EBITA, excluding the impact of the extraordinary efficiency program, was €117 million, with a margin of 11.7%, representing an improvement of 35 basis points compared to the same half of 2024 and year-on-year growth of 3.7%.

New products continue to gain relevance

Transformation products, continue to play a key role in Prosegur Cash's growth strategy, reaching a record figure of €342 million, representing 34% of the company's total sales in the first half of 2025 and an increase of 7.6% compared to the same period last year. In addition, the penetration of these innovative cash management solutions increased by more than 220 basis points compared to the previous year, consolidating their position in the market.

Cash flow maintained and net debt reduced

Prosegur Cash maintained a solid financial position during the first half of 2025, generating free cash flow of €28 million, in line with the levels recorded in the same period last year. The company also achieved a significant reduction in net debt of €44 million year-on-year, maintaining a stable leverage ratio of 2.3 times net debt to EBITDA. These results reflect the company's financial discipline and ability to generate sustained value for its shareholders, consolidating its growth strategy and strength in the market.

Performance by geographical region

Latin America continues contributing the most to Prosegur Cash's sales, representing 59% of total revenue, with €589 million in the first half of the year and recording organic growth of 12.4%.

The penetration of transformation products increased to 36.4% of total sales, reaching €214 million (+4.3%).

Europe, meanwhile, accounts for 32% of total turnover. Sales increased by 0.6%, reaching €323 million. The performance of Transformation Products was particularly noteworthy, growing by 3.5% to €105 million, and now accounting for 32.4% of sales in this region.

Finally, Asia-Pacific, which accounts for 9% of total sales, reaching €93 million, experienced strong growth of 60.4% in turnover during the first half of 2025, with organic growth of 31.5% standing out. Transformation Products, excluding India, grew by 107.8% in this region, demonstrating their good health, which already accounts for 24.6% of total sales in this region.

Business highlights during the first half

Among the highlights achieved during the first six months of the year, Prosegur Cash registered a promissory note program of up to €400 million on the AIAF Market to diversify its sources of financing and strengthen its financial structure.

In addition, in June the company was included in the Ibex Gender Equality Index, positioning it among Spanish listed companies with the best practices in gender equality. Other milestones during the half-year include Prosegur's inclusion in Forbes' list of the 100 best companies to work for in Spain and the collaboration agreement between the neobank MyInvestor, Prosegur Crypto, and Minos Global to explore opportunities in the field of digital assets, within the new regulatory context set by the European MiCA (Markets in Crypto Assets) regulation. This agreement establishes a roadmap for evaluating technological and operational integrations that will enable MyInvestor to expand its offering in the future.