Brief: Prosegur Expects Recovery Of Pre-Pandemic Turnover In 2022 Within Its Strategic Plan 2021-2023

Prosegur Compania de Seguridad SA

30/06/2021 08:58

June 30 (Reuters) - PROSEGUR COMPANIA DE SEGURIDAD SA
 PSG.MC :
    * SAID ON TUESDAY ITS STRATEGIC PLAN FOR 2021-2023 ENVISAGES
A
FAVOURABLE EVOLUTION OF OPERATIONS IN THE SECOND HALF OF THE
CURRENT FINANCIAL YEAR AND THE RECOVERY OF PRE-PANDEMIC TURNOVER
IN 2022
    * EXPECTS REVENUES TO INCREASE BY 5-6% IN THE MEDIUM TO LONG
TERM,
WHICH TRANSLATES AS TURNOVER OF 6.2-6.7 BILLION EUROS IN 2030
    * IN THE LONG TERM EXPECTS TO ACHIEVE A RETURN ON OPERATIONS
IN
THE RANGE OF 12-15%
    * EXPECTS REVENUE FROM US MARKET TO ACCOUNT FOR 12% OF
REVENUE BY
THE END OF 2030, UP FROM THE CURRENT 4%
    * ESTIMATES THAT OPERATIONS ADDING UP TO 300 MILLION EUROS
TURNOVER COULD BE COMPLETED IN 2021-2023 PERIOD, WHILE BY 2030
THIS FIGURE COULD INCREASE UP TO 1.0-1.3 BILLION EUROS
    * EXPECTS TO EXCEED PRE-PANDEMIC PROFITABILITY LEVELS IN
TERMS OF
EBITA BY 2023

    
    
 Source text: https://bit.ly/3AfI5LW
    
 Further company coverage:  PSG.MC  
   


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