Positive Picture for Cash Companies Continues in 2024

Each February and March we cover the previous year’s results for the leading companies in cash management, most of whose financial years run from January to December. Between them these results provide a useful means of taking the pulse of our industry.

The post-COVID rebound appears to be continuing, if the results we cover this month form Crane NXT, Loomis, Diebold Nixdorf and Brinks are anything to go by. Next month will be the turn of NCR Atleos, Orell Füssli, Prosegur and Spectra Systems.

Crane NXT – a year of expansion

Crane NXT was set up in April 2023, when Crane Holdings was separated into two independent publicly traded companies, and now comprises Crane Payment Innovations (CPI) and Security & Authentication Technologies (SAT). The latter includes Crane Currency (printer, papermaker and security features), brand protection specialist OpSec (which was acquired in early 2024) and the smart packaging assets of TruTag Technologies (acquired late 2024). If the agreement to buy the authentication division of De La Rue is successfully concluded (expected in the second quarter of 2025), it will join SAT as well.