Prosegur Cash SA (MEX:CASHN)
MXN 13.96 (0%) Market Cap: 18.62 Bil Enterprise Value: 35.60 Bil PE Ratio: 8.48 PB Ratio: 3.16 GF Score: 48/100

Q2 2025 Prosegur Cash SA Earnings Call Transcript

Jul 28, 2025 / 09:30AM GMT
Release Date Price: MXN14.97

Key Points

Positve
  • Prosegur Cash SA (XMAD:CASH) achieved strong growth in net income and reduced debt levels.
  • Sales surpassed the EUR1 billion mark for the first half of the year, with organic growth close to 10%.
  • The Asia-Pacific region experienced extraordinary growth, with sales increasing by over 60%.
  • Transformation products grew by 7.6%, now accounting for 34% of total sales, indicating successful transformation efforts.
  • The company successfully renewed its commercial paper program, reflecting market confidence in its debt.
Negative
  • Currency fluctuations, particularly the US dollar's depreciation against the euro, negatively impacted revenue and EBITDA.
  • EBITDA decreased by 3.9% compared to the previous year, with a relative margin of 17%.
  • Latin America saw a revenue decrease of 4.8% due to a significant negative currency impact.
  • The European region experienced a slow start to the year, affecting overall profitability.
  • The company faced a one-off contingency in Brazil, impacting cash flow.
Operator

Good day and thank you for standing by. Welcome to the Prosegur Cash Q2 2025 results presentation. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Miguel Bandres, Head of IR. Please go ahead.

Miguel Bandres Prosegur Cash SA;Investor Relations Officer

Good morning to everyone and thank you for joining today. I would like to welcome you all to our 2025 Q2 results presentation that will be carried out by our CFO, Javier Hergueta, and myself. The presentation will take around 30 minutes, during which we will review key developments affecting our business and their influence in our performance.

We will after move on to review our key financials, followed by our performance by region and our main transformation-related achievements. Right after, we will update on our ESG efforts and we will end up with some conclusions.

After, we will open a Q&A session. Should we not get to respond to everything today, we will get back on

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