Prosegur increases consolidated net profit by 69% to €28 million in the first quarter of 2025

Madrid, May 6, 2025. Prosegur, a global leader in security solutions, today announced its results for the first quarter of 2025, posting a consolidated net profit of €28 million—an increase of 69% compared to the same period the previous year, because of the good performance of all business lines. 

In terms of revenue, the company reported €1.255 billion, an increase of 11.4%, supported by 16.2% organic growth. Regional performance showed growth above 5% across all geographies, with particularly strong results in the Rest of the World (RoW), which saw a 37.4% increase versus the first quarter of 2024. 

From an operational profitability standpoint, EBITA for the first quarter stood at €86 million, with an EBITA margin of 6.8%. This represents a 42.8% year-on-year increase. Net debt totalled €1.316 billion, with the net debt-to-EBITDA ratio remaining stable at 2.3x.  

Business Line Performance: 

Prosegur Cash: 

Prosegur Cash, the cash logistics and management subsidiary, posted a net profit of €24 million in the first three months of 2025, marking a 35% year-on-year increase. Revenues reached €516 million, representing a solid 9.7% increase over Q1 2024. EBITA reached €61 million, with an EBITA margin of 11.8%, and year-on-year growth of 20.9%. Notably, transformation products continued to perform strongly, with a 14.1% increase. 

Prosegur Security: 

Prosegur Security, the surveillance and technology business, reported solid sales growth of nearly 12% compared to the same period last year, reaching €653 million. This was supported by a strategy focused on driving high-quality commercial production. 

The business unit continued its positive profitability trend, reaching a margin of 2.6%, driven by new customer acquisition, efficient price reviews and operational scalability. In Q1 2025, the unit reinforced its commitment to client security by inaugurating an Intelligent Security Operations Center (iSOC) in Buenos Aires, Argentina—where it has operated for over 30 years. This new site joins the 13 existing centers in key markets. 

Prosegur Alarms: 

The alarm division—including Prosegur Alarms and Movistar Prosegur Alarms—reached 984,000 connections as of the end of Q1 2025, a 27% increase compared to the same period in 2024. 
The business recorded higher sales, boosted by a strong price increase (with no impact on churn), which contributed to a service margin above 27.7%. 

Recent Highlights: 

In the first quarter of 2025, Prosegur achieved several key milestones. Both Prosegur and Prosegur Cash received improved ratings for their environmental, social, and governance (ESG) performance, according to the 2024 edition of the S&P Global Corporate Sustainability Assessment (CSA).

Additionally, Prosegur joined the Sustainable Purchasing Leadership Council (SPLC), a global community of professionals committed to generating positive impact through procurement. Through this partnership, Prosegur aims to design and implement sustainable procurement practices and reinforce its commitment to ethical supply chain management. The company will participate in SPLC’s programs, supporting the development of a more sustainable and resilient procurement strategy.