Report
Juan Ros-Padilla ...
  • Luis de Toledo Heras

Prosegur : Q4 2022 preview: slow but steady margin recovery

>Q4 2022 earnings preview - The company is due to publish its Q4 2022 results on 28 February before the market opens followed by a conference call at 1.00 p.m. CEST. FY 2021 figures will likely be restated by hyperinflation accounting standards (IAS 29), please note that our y-o-y growth estimates are based on the non-restated numbers. We expect reported sales to deteriorate q-o-q, delivering +7% top line growth to € 1,026m (vs +28% top line, +26% organic in Q3 and +2...
Underlying
Prosegur Compania de Seguridad SA

Prosegur, Compania de Seguridad and its subsidiaries are engaged in the provision of security guards and related services; fund transport and handling through a fleet of armored vehicles; alarm and electronic security systems; distribution and auxiliary services, including storage, logistics and distribution services; document transport and courier services; cleaning services and temporary employment. Co. is also engaged in security consulting and external training.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Juan Ros-Padilla

Luis de Toledo Heras

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