Prosegur Cash SA

CASH

Equity

ISIN ES0105229001 / Valor 35752382

BME Bolsas y Mercados Espanoles - Renta Variable (2025-03-13)

EUR 0.67-1.62%

Prosegur Cash SA
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Prosegur Cash SA is a global provider of cash management and transportation services, offering secure and efficient solutions for businesses and financial institutions to handle their cash transactions.

Summarized from source with an LLMView SourceSector: Consumer Services

Revenue Growth

In the third quarter of 2024, Prosegur Cash SA reported a revenue increase of 1.7% compared to the same period in the previous year. This growth was driven by positive organic growth across all geographies, with a notable increase of 2.2% in euros excluding mergers and acquisitions.

Profit and Margin Improvement

Prosegur Cash SA achieved a net profit growth of 4.1% in Q3 2024, supported by lower financial expenses and a reduced tax rate. The EBITA margin improved by 70 basis points quarter-over-quarter, reaching 11.8%, indicating enhanced operational efficiency.

Cash Flow and Debt Reduction

The company generated strong free cash flow of 63 million euros in the third quarter of 2024, contributing to a reduction in net financial debt by 28 million euros. This financial discipline underscores Prosegur Cash SA's commitment to strengthening its balance sheet.

Transformation Products Growth

Prosegur Cash SA reported a significant increase in the penetration of its Transformation Products, which grew by 12.7% year-over-year, excluding the impacts of Australia and India. These products now represent 32.1% of total sales, highlighting their growing importance in the company's portfolio.

Dividend Payment

During the third quarter of 2024, Prosegur Cash SA paid the second tranche of its dividend, amounting to 15 million euros. This reflects the company's ongoing commitment to returning value to its shareholders while maintaining a strong financial position.

Summarized from source with an LLMView Source

Key figures

36.8%1Y

6.55%3Y

-26.1%5Y

Performance

22.7%1Y

27.9%3Y

35.7%5Y

Volatility