Trade Prosegur Cash, S.A. - CASHP CFD

Prosegur Cash Company profile

About Prosegur Cash SA

Prosegur Cash SA, formerly Prosegur Cit Holding SA, is a Spain-based company engaged in the provision of security services. The Company’s activities are divided into three business areas: Logistics, Cash management and Outsourcing. The Logistics division focuses on the provision of local and international transport services of cash and other valuable goods. The Cash management division offers counting, processing, custody, preparation and delivery of notes and coins, as well as replenishment of automatic teller machines (ATMs). The Outsourcing division includes a number of support financial services, such as automation of retail operations through self-service cash automatization machines (MAEs), ATMs management, as well as branch forecasting, reconciliation, settlement and credit card support services. The Company operates through own branches and joint ventures in Europe, Central and South America, Africa, Asia and Australia. It operates through Contesta Teleservicios SAU.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Prosegur Cash SA revenues increased 1% to EUR1.52B. Net income increased from EUR15.9M to EUR33.2M. Revenues reflect New products segment increase of 15% to EUR325.6M, Cash Management segment increase of 1% to EUR356.5M, Rest of Latam countries segment increase of 4% to EUR1.01B, Oceania segment increase of 11% to EUR109.7M.