Prosegur Cash, S.A. (CASH) Earnings Call Transcripts

Prosegur Cash, S.A.'s Latest Earnings Call - Q1 FY2026

In Q1 2026, Prosegur Cash reported revenue of EUR 497 million, a decline of 3.7% year-over-year, primarily impacted by a 6.6% negative foreign exchange effect. However, organic growth was positive at 3.2%, with net profit increasing by 8.1% to EUR 26 million, reflecting strong operational performance despite external challenges. Management maintained a cautious outlook, highlighting geopolitical tensions and inflation as potential risks but noted ongoing transformation efforts and a focus on debt reduction.

Reported metrics

Guidance from management

Management maintained a cautious outlook for the remainder of 2026, acknowledging geopolitical tensions and inflation as risks. They expect organic growth to remain mid-single digits excluding Argentina, with EBITDA guidance around EUR 250 million.

What management said

In that one, Manuel, what you see is mainly the combination of 2 factors. One is we've had some more cash outflow coming from payments on redundancies and some more losses or casualties in Q1. And on the other hand, the timing of some refunds mainly linked to taxations has been different. Those were coming in, in Q1 last year and this year, they're coming later in the year. So that part, that second part, should be n...

Well, thank you, everyone, for taking the time to join today's conference call. Should there be any further doubts or queries, as usual, our Investor Relations team remains available. And in any case, hope to speak again soon to all of you, and in any case, in the Q2 results presentation. So thank you very much.

What analysts pressed on

Analysts expressed concerns regarding the sustainability of working capital improvements and the impact of foreign exchange fluctuations on future revenue. Additionally, there were inquiries about the potential recovery in Argentina and its effect on overall performance.

Main topics on the call

• Organic Growth Resilience — Despite a reported revenue decline, Prosegur Cash achieved organic growth of 3.2%, with Europe leading at 3.6%. Management stated, "This good operating performance has been offset in euro terms by a negative 6.6% foreign...
• Transformation Products Growth — Transformation products grew by 6.2% and now represent 36.4% of total sales, indicating a successful shift in the business model. Javier Hergueta noted, "Cash Today continues to be the key driving force of such growth in...
• Debt Reduction — Prosegur Cash reduced its net debt by EUR 47 million over the last 12 months, ending the quarter with a leverage ratio of 2.4x. This reflects a disciplined approach to capital management, as highlighted by management's f...
• Geopolitical and Economic Risks — Management expressed concerns over geopolitical tensions and inflation, which could impact cash volumes and operational costs. They noted, "We are very closely monitoring the evolution of current geopolitical and strateg...

Read the full Prosegur Cash, S.A. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 52 Prosegur Cash, S.A. earnings call transcripts on record, spanning January 29, 2020 to July 30, 2026. Based on this history, Prosegur Cash, S.A. reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

CASH

Exchange

BME

Country

ES

Sector

Industrials

Industry

Commercial Services and Supplies

Calls on record

52

First call

January 29, 2020

Most recent

July 30, 2026

Reporting cadence

quarterly