Interim report
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BUSINESS AREA Prosegur CASH and subsidiaries Interim quarterly financial information Interim financial statements for the third quarter of 2025 Free translation for the original in Spanish language version. In the event of discrepancy, the Spanish-language version prevails).
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PROFIT/LOSS THIRD QUARTER 2 Table of contents I. Profit/loss for January to September 2025 and for January to September 2024 .................................................................................................. 3 II. Performance in the period ........................................................................... 4 Interim statement (January – September 2025) .............................................. 5 1. Performance of the business ....................................................................... 5 2. Significant events and transactions ............................................................ 9 3. Consolidated financial information .......................................................... 12 4. Consolidated net debt flow ....................................................................... 18 5. Alternative Performance Measures .......................................................... 19
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PROFIT/LOSS THIRD QUARTER 3 I. Profit/loss for January to September 2025 and for January to September 2024 Million of Euros CONSOLIDATED RESULTS 9M 2024 9M 2025 % Var. Revenue 1,523.0 1,488.2 -2.3% EBITDA 274.8 251.2 -8.6% Margin 18.0% 16.9% Depreciation Property, plant and Equipment (95.5) (87.2) -8.7% Adjusted EBITA 179.3 164.0 -8.5% Margin 11.8% 11.0% Amortization Intangible assets (19.2) (16.4) -14.9% EBIT 160.1 147.6 -7.8% Margin 10.5% 9.9% Net financial income/(expense) (43.5) (27.5) -36.7% EBT 116.6 120.1 3.0% Margin 7.7% 8.1% I ncome tax (51.0) (53.5) 4.8% Net Result from continuing operations 65.6 66.6 1.6% Net Result 65.6 66.6 1.6% Non controlling interests (1.4) (2.4) - Consolidated Net Result 64.2 64.3 0.1% Margin 4.2% 4.3% Earnings per share (Euros per share) 0.04 0.04
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PROFIT/LOSS THIRD QUARTER 4 II. Performance in the period Sales at Prosegur Cash in the period from January to September 2025 amounted to EUR 1,488.2 million, down 2.3% on the EUR 1,523.0 million in the same period of the previous year. Organic growth had a positive impact of 6.9% and inorganic growth had a positive impact of 1.3%. The negative impact of the exchange rate and the result of applying IAS 29 and 21 has been 10.5%. Likewise, adjusted EBITA in the reporting period amounted to EUR 164.0 million, implying an 11.0% margin in relation to sales. The fall in adjusted EBITA compared to the same period the previous year stands at 8.5%. The evolution in adjusted EBITA from January to September 2025 with respect to the same period the previous year is essentially explained by the following effects: - At macroeconomic levels, in general, the countries where the Cash Group operates are meeting the estimated expectations in the Strategic Plan, which translates into overall business growth in local currencies; - Negative impact due to the net effect of, on the one hand, the extraordinary efficiency programmes that the Cash Group is carrying out in 2025 and, on the other, a moderation in wage cost increases as a result of lower inflationary pressure; - Positive impact due to the effect of consolidating the Indian companies by the full consolidation method due to the amendment to the partnership agreement as of 1 April 2024; - Positive impact from the results of the companies that the Cash Group consolidates in Australia using the equity method during the first nine months of the 2025 financial year, compared with the same period in 2024; - Negative exchange rate effect, with the Argentine Peso being particularly significant; - Growing trend in Transformation Products. Consolidated net profit was EUR 64.3 million, compared to EUR 64.2 million in 2024.