Prosegur Compañía de Seguridad, S.A. (PGCSF) Q1 2026 Earnings Call May 5, 2026 7:00 AM EDT

Company Participants

Cristina Casado
Maite Sedano – Chief Finance Officer
Juan Galleano – Investor Relations Director

Conference Call Participants

Manuel Lorente Ortega – Banco Santander, S.A., Research Division
Alvaro Bernal Moran
Carlos Torres

Presentation

Operator

Good day, and thank you for standing by. Welcome to the Prosegur Q1 2026 Results Presentation. [Operator Instructions] Please be advised that today’s conference is being recorded. I would now like to hand the conference over to your speaker today, Cristina Casado. Please go ahead.

Cristina Casado

Good afternoon, and welcome to the Prosegur First Quarter 2026 Results Presentation Webcast. Before we start, I would like to remind you that this presentation has been prerecorded and that it will be available on our corporate website. I will now hand you over to our CFO, Maite Rodríguez.

Maite Sedano
Chief Finance Officer

Good afternoon, and thank you all for your presence. We are pleased to present a strong first quarter with our main financial and operational indicators showing year-over-year increase and enhancement. This is clearly evidenced in our cash generation throughout the period. A special highlight to the performance of our security business is needed as it continues to outperform and contributing to both results and cash generation. With this good start, we are confident that we are on the right track to comply with our main objective of generating value for our shareholders. Now with all this in mind, let’s deep dive into the most significant aspects of the period.

Our top line grew by 1.5% compared to the same period of last year. And as it has been the case for some time now, was fully driven by organic growth. Indeed, the later went up to 8% without considering the negative FX impact, mainly stemming the

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