Brink's

The Brink's Co. provides secure logistics and cash management services. It operates through the following segments: North America, Latin America, Europe and Rest of World. Its logistics and security solutions include cash-in-transit, ATM replenishment & maintenance, and cash management & payment services, such as vault outsourcing, money processing, intelligent safe services, and international transportation of valuables. The company was founded by Perry Brink and Fidelia Brink on May 5, 1859 and is headquartered in Richmond, VA.

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Brink's (BCO) reports strong Q4 results, eyes growth opportunities

Brink's showcased robust performance in Q4 2022, with strong organic growth and margin expansion, setting optimistic targets for 2023 amidst challenges in working capital and restructuring.
The company's strategic focus on profitable growth areas like DRS and AMS, alongside capital allocation priorities and cost-saving initiatives, positions Brink's for sustained success.
Opportunities in tech-enabled services, global expansion, and M&A deals offer avenues for future growth, while addressing cash conversion rates and operational efficiencies remain key priorities.
With a solid foundation in precious metals and bank notes movement and a strategic emphasis on cash flow conversion, Brink's is poised for continued growth and value creation.

Brink's reports robust Q1 earnings, eyes sustained growth opportunities

Brink's Q1 2023 performance showcased strong revenue growth, margin expansion, and strategic progress, underlining a commitment to shareholder returns and operational excellence.
While challenges in maintaining margins persist, the company's proactive cost actions and focus on high-growth segments position it well for future success and sustained growth.
Opportunities lie in scaling AMS and DRS, achieving guidance targets, and realizing benefits from the restructuring plan, signaling a positive outlook for Brink's financial performance.

Brink's reports record Q2 earnings, eyes growth in customer offerings

Brink's Q2 2023 earnings call highlighted robust financial performance, driven by revenue and profit growth across key segments. The company's strategic pricing efforts and operational improvements contributed to strong results. While challenges like managing costs persist, opportunities in expanding customer offerings and enhancing operational efficiency are key focus areas for future growth.

Brink's reports strong Q3 earnings, boosts share repurchase plan

Brink's Q3 2023 earnings reflect robust financial performance, exceeding expectations across revenue, profit, and cash flow metrics. The company's strategic focus on capital allocation, margin expansion, and revenue growth positions it well for continued success.

Brink's posts robust Q4 results, eyes global growth opportunities

Brink's delivered strong Q4 and full year 2023 results, showcasing growth and margin improvements across key segments.
The company's focus on disciplined capital allocation, share repurchases, and strategic growth in AMS and DRS positions it well for future success.
Challenges include managing lead times in AMS contracts, economic uncertainties in Latin America, and optimizing free cash flow conversion targets.
Opportunities lie in driving organic growth through AMS and DRS offerings, leveraging tailored solutions, and expanding DRS success globally.

Brink's reports robust Q1 earnings, eyes growth in recurring revenue

Brink's Q1 2024 earnings call highlighted strong financial performance, margin expansion, and positive outlook for the full year. Despite currency headwinds, the company remains focused on strategic initiatives and growth in key segments. Opportunities lie in expanding higher-margin revenue streams and enhancing operational efficiency.

Brink's excels in Q2 2024, driving growth and enhancing financial stability

Brink's delivered a robust performance in Q2 2024, marked by strong organic growth, margin expansion, and improved financial flexibility through strategic capital management.
The company's focus on operational efficiency, transparent reporting, and disciplined capital allocation underpin its resilience and growth prospects.
While challenges like sustaining high growth rates and managing costs persist, Brink's is well-positioned to capitalize on opportunities in expanding markets and digital solutions.
With a positive outlook supported by strong targets and a credit rating upgrade, Brink's strategic initiatives pave the way for continued success and value creation.

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The Brink's Co. engages in providing cash management services, digital retail solutions, and ATM managed services. It operates through the following geographical segments: North America, Latin America, Europe, and Rest of World. The North America segment operates in the U.S. and Canada. The Latin America segment refers to the operations in Latin American countries. The Europe segment relates to operations in European countries. The Rest of World segment focuses on the operations in the Middle East, Africa, and Asia. The company was founded by Perry Brink and Fidelia Brink on May 5, 1859 and is headquartered in Richmond, VA.

RICHMOND, Va., Aug. 22, 2024 (GLOBE NEWSWIRE) -- The Brink's Company (NYSE:BCO), a leading global provider of cash and valuables management, digital retail solutions (DRS), and ATM managed services (AMS), today announced that Joshua Teteak will be appointed executive vice president, Brink's Business System, effective August 26. Teteak will succeed Jamal Powell who has been appointed executive vice president and vice president, Brink's Global Services for the United States. Teteak will join the executive leadership team and report to Mark Eubanks, president and chief executive officer.

Brink's Announces Josh Teteak as Brinks Business System Leader

I remain bullish due to Brink's larger scale advantage, robust performance, and favorable growth outlook. 2Q24 results show strong revenue growth, margin expansion, and market share gains, especially in DRS and AMS offerings. BCO's solid FCF profile should easily fund its capital return plans.

The Brink's Company: Robust Performance Outlook Over The Medium Term

Explore how Brink's' (BCO) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.

Brink's (BCO) Reliance on International Sales: What Investors Need to Know

The Brink's Company (NYSE:BCO ) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Jesse Jenkins - Vice President, Investor Relations Mark Eubanks - Chief Executive Officer Kurt McMaken - Chief Financial Officer Conference Call Participants George Tong - Goldman Sachs Tim Mulrooney - William Blair Jack Wilson - Truist Securities Operator Welcome to the Brink's Company's Second Quarter 2024 Earnings Call. This morning Brink's issued a press release detailing its second quarter 2024 results.

The Brink's Company (BCO) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for Brink's (BCO) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Brink's (BCO) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Brink's (BCO) came out with quarterly earnings of $1.67 per share, beating the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $1.18 per share a year ago.

Brink's (BCO) Tops Q2 Earnings Estimates

Record Second-Quarter revenue with growth of 3% Organic revenue growth of 14%, including accelerating AMS/DRS organic growth of 26% GAAP net income up 44% to $46M and adjusted EBITDA up 16% to $226M GAAP EPS up 51% to $1.03 and non-GAAP EPS up 31% to $1.67 Repurchased over 722k shares year-to-date at average price of $91.02 per share

Brink's Announces Strong Second-Quarter Results

Get a deeper insight into the potential performance of Brink's (BCO) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Brink's (BCO) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

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RICHMOND, Va., July 17, 2024 (GLOBE NEWSWIRE) -- The Brink's Company (NYSE:BCO), a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, will host a conference call on Wednesday, August 7, at 9:00 a.m. (ET) to review second-quarter 2024 financial results, which will be released earlier that day.

Brink's Schedules Second-Quarter 2024 Earnings Release and Conference Call for August 7, 2024

The Brink's Company stock has seen significant upside, up 25.1% in 2023 and 91.9% since 2022, outperforming the S&P 500. Despite strong revenue growth in 2023 and 2024, net income fell in 2023, but most financial figures are improving. Management forecasts revenue growth in 2024, with earnings per share expected to be between $7.30 and $8.

The Brink's Company: Too Soon To Cash Out

RICHMOND, Va., July 11, 2024 (GLOBE NEWSWIRE) -- The board of directors of The Brink's Company (NYSE:BCO) today declared a regular quarterly dividend of $0.2425 cents per share on the company's common stock. The dividend is payable on September 3, 2024, to shareholders of record on July 29, 2024.

Brink's Declares Quarterly Dividend

I am giving a buy rating for The Brink's Company. BCO's leading position in cash and value management services provides a structural cost advantage against competitors. Recent financial performance continues to show positive growth momentum.

The Brink's Company: Growth Is Expected To Remain Healthy For The Foreseeable Future

RICHMOND, Va., June 12, 2024 (GLOBE NEWSWIRE) -- The Brink's Company (NYSE:BCO) (the “Company”) today announced that it has closed its previously announced offering of 5-year and 8-year senior unsecured notes in aggregate principal amounts of $400 million and $400 million, respectively.

Brink's Closes $400 Million 5-Year and $400 Million 8-Year Senior Notes Offering

RICHMOND, Va., June 05, 2024 (GLOBE NEWSWIRE) -- The Brink's Company (NYSE:BCO) (the “Company”) today announced the pricing of its offering of 5-year and 8-year senior unsecured notes in aggregate principal amounts of $400 million and $400 million, respectively. The notes will be issued at par, will mature on June 15, 2029 and June 15, 2032, respectively, and will bear an annual interest rate of 6.500% and 6.750%, respectively. The notes will be general unsecured obligations guaranteed by the Company's existing and future U.S. subsidiaries that are guarantors under the Company's credit facility. The offering is expected to close on June 12, 2024, subject to customary closing conditions. The offering was upsized from the previously announced offering of $400 million aggregate principal amount of 5-year senior unsecured notes, resulting in an additional series of 8-year senior unsecured notes.

Brink's Prices $400 Million 5-Year and $400 Million 8-Year Senior Notes Offering

RICHMOND, Va., June 04, 2024 (GLOBE NEWSWIRE) -- The Brink's Company (NYSE:BCO) (the “Company”) today announced its intent to offer $400 million aggregate principal amount of 5-year senior unsecured notes, subject to market and other conditions. The notes will be general unsecured obligations guaranteed by the Company's existing and future U.S. subsidiaries that are guarantors under the Company's credit facility.

Brink's Announces Plans for $400 Million Senior Notes Offering

Examine Brink's' (BCO) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.

Investing in Brink's (BCO)? Don't Miss Assessing Its International Revenue Trends

The Brink's Company (NYSE:BCO ) Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Jesse Jenkins - Vice President of Investor Relations Mark Eubanks - CEO Kurt McMaken - CFO Conference Call Participants George Tong - Goldman Sachs Jack Wilson - Truist Securities Operator Hello and welcome to the Brink's Company First Quarter 2024 Earnings Call. This morning, Brink's issued a press release detailing its first quarter 2024 results.

The Brink's Company (BCO) Q1 2024 Earnings Call Transcript

Brink's (BCO) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.16 per share a year ago.

Brink's (BCO) Q1 Earnings and Revenues Top Estimates

Record First Quarter Revenue Reflecting 4% Growth and 12% Organic Growth GAAP net income up 229% to $49 M and record adjusted EBITDA up 15% to $218 M GAAP EPS up 263% to $1.09 and non-GAAP EPS up 20% to $1.52 TTM GAAP Net Cash from Operations up 56% to $800M: non-GAAP Free Cash Flow up 61% to $363M

Brink's Announces Strong First-Quarter Results and Affirms Full Year Guidance

RICHMOND, Va., May 01, 2024 (GLOBE NEWSWIRE) -- The Brink's Company (NYSE:BCO), a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, announces that its Board of Directors has declared a 10% increase in the regular quarterly dividend on its common stock, from 22 cents per share to 24.25 cents per share. The dividend is payable on June 3, 2024, to shareholders of record on May 13, 2024.

Brink's Announces 10% Dividend Increase

RICHMOND, Va., April 17, 2024 (GLOBE NEWSWIRE) -- The Brink's Company (NYSE:BCO), a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, will host a conference call on Wednesday, May 8, at 8:30 a.m. (ET) to review first-quarter 2024 financial results, which will be released earlier that day.

Brink's Schedules First-Quarter 2024 Earnings Release and Conference Call for May 8, 2024

The Brink's Company (BCO) Q4 2023 Earnings Call Transcript

2023 Revenue Growth of 7% with 9% Organic Growth including 21% Growth in AMS and DRS  Record Full-Year 2023 Net Cash from Operations of $702M and Free Cash Flow of $393M  Reduced Leverage to 2.9x Net Debt to Adjusted EBITDA, within Target Leverage Range of 2x-3x  Management Expects Mid-Single Digit Revenue Growth and Strong EBITDA Margin Expansion in 2024

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