Prosegur Compania de Seguridad SA
MAD:PSG
Prosegur Compania de Seguridad SA
Prosegur Compañia de Seguridad SA engages in the provision of security services and solutions. The company is headquartered in Madrid, Madrid and currently employs 140,758 full-time employees. The Company’s activities are divided into business segments: Integrated Security Solutions (ISS), Cash in Transit (CIT) and Alarms. The ISS division provides surveillance and protection of premises, property and persons, as well as activities related to technological security solutions. The CIT division offers transportation, storage, safekeeping, counting and classification of coins and banknotes, deeds, securities and other goods that require special protection. The Alarms division comprises installation and monitoring of home alarms. The firm operates through numerous subsidiaries in Europe, Latin America, Asia, Africa and Australia. The company is controlled by Gubel SL.
Prosegur Compañia de Seguridad SA engages in the provision of security services and solutions. The company is headquartered in Madrid, Madrid and currently employs 140,758 full-time employees. The Company’s activities are divided into business segments: Integrated Security Solutions (ISS), Cash in Transit (CIT) and Alarms. The ISS division provides surveillance and protection of premises, property and persons, as well as activities related to technological security solutions. The CIT division offers transportation, storage, safekeeping, counting and classification of coins and banknotes, deeds, securities and other goods that require special protection. The Alarms division comprises installation and monitoring of home alarms. The firm operates through numerous subsidiaries in Europe, Latin America, Asia, Africa and Australia. The company is controlled by Gubel SL.
Profitability: Prosegur’s net income rose by 53% year-over-year to EUR 119 million, supported by strong performance across all businesses and improved financial management.
Revenue: Total sales increased by 0.5% to EUR 4.9 billion, as organic growth was offset by adverse currency effects, especially in LatAm.
EBITDA: EBITDA grew by 8.9% to EUR 357 million, driven primarily by the Security business.
Security Business: Security sales reached a record EUR 2.6 billion with more than 12% organic growth, and free cash flow hit an all-time high of EUR 87 million.
Cash Business: Organic sales in Cash grew 5%, but EBITDA fell 5% due to macro issues in Argentina. Margin held steady at 12%.
Alarms Business: The Alarms unit saw double-digit client base growth, improved churn, better margins, and recurring cash flow up 14% to EUR 81 million.
Dividend: A proposed EUR 90 million dividend for 2026 underscores a continued focus on shareholder returns.
Outlook: Management remains optimistic, launching a new 2026–2029 strategic plan with strong emphasis on AI and efficiency.
