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Spanish security company Prosegur increases their sales by a 2.9% between January and March due to the boost in Latin American markets

Published on May 8, 2012

 
Spanish security company Prosegur increases their sales by a 2.9% between January and March due to the boost in Latin American markets

Prosegur obtained a net benefit of 44 million euros between January and March of the present year, which is a 2.9% higher than the figure for the same three-month period of 2011.

The gross benefit of the company (ebitda) increased a 15.8%, reaching 98 million euros, while their net benefit (ebit) increased 14%, reaching 74 million euros.

Prosegur sales during the first three-month period of 2012 reached an amount of 838 million euros, which is a 30.3% turnover increase compared to 2011, when the sales figure was 643 million euros.

More than half of Prosegur’s turnover in the first three-month period of the year come from the company’s business in Latin America, where the sales reached 475 million euros, a 42.8% more than last year sales in the same period of time.

Prosegur’s turnover reached 363 million euros in the European and Asian markets, a 16.8% increase compared to last year’s period between January and March. The figures are especially remarkable in the Asian market, where the company multiplied their sales five times.

Argentina and Brazil are the countries where Prosegur had a higher increase in their sales, with a 46.2% and a 34.3% increase respectively. In Spain, Prosegur sales increased by a 2.1%, reaching 238 million euros.

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