Prosegur Cash, S.A. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 26, 2020 at 08:08 am EDT
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Prosegur Cash, S.A. Announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was EUR 415.3 million compared to EUR 432.1 million a year ago. Net income was EUR 28 million compared to EUR 31.3 million a year ago. Basic earnings per share was EUR 0.02 compared to EUR 0.02 a year ago.
Prosegur Cash SA, formerly Prosegur Cit Holding SA, is a Spain-based company engaged in the provision of security services. The Companyâs 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.
PROSEGUR CASH, S.A. 
