Business
CASH: Strong organic growth and transformation offset currency headwinds; net income and cash flow improved
CASH: Strong organic growth and transformation offset currency headwinds; net income and cash flow improved
About this update from Prosegur Cash Sa
Sales declined 2.3% year-over-year due to currency headwinds, but organic growth was strong at 6.9%. EBITDA margin held at 11% (11.8% pro forma), net income rose 1.6%, and transformation products grew to 35.1% of sales. Net debt was reduced by €62 million.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.