Prosegur Cash, S.A. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 31, 2019 at 08:20 am EDT
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Prosegur Cash, S.A. Announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was EUR 1,337.1 million compared to EUR 1,217.5 million a year ago. Net income was EUR 126.7 million compared to EUR 140 million a year ago. Basic earnings per share was EUR 0.08 compared to EUR 0.09 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.