Brinks Earnings Reports

Brink's delivered strong performance in Q4 2024 with record revenue, continued organic growth, and robust operating profitability. The company recorded net income of $39 million, and operating profit margin reached 8.3%.

Brink's Q3 2024 results showed a 3% revenue increase, driven by 26% organic growth in ATM managed services and digital retail solutions. However, a strengthening US dollar and cyclical market headwinds in global services partially offset this growth. Profits were affected by these revenue factors and the timing of a large security loss. Cash generation improved through better capital efficiency and working capital management.

Brink's announced strong second-quarter results, with record revenue and significant organic growth. The company's GAAP net income and EPS increased substantially, and adjusted EBITDA also saw a notable rise. Brink's continues to focus on strategic objectives, including growing AMS and DRS revenue and expanding profit margins.

Brink's Q4 2023 earnings report highlights a 5% increase in revenue, driven by 9% organic growth. The company's focus on higher-margin AMS and DRS offerings, combined with disciplined capital allocation, led to reduced leverage. However, operating profits were impacted by geopolitical and economic uncertainty and slower growth in North America.

Brink's Company announced strong third-quarter results, with revenue up 8% and significant increases in GAAP and non-GAAP operating profit and EPS. The company's higher growth AMS and DRS offerings grew a combined 18% organically and now exceed 20% of total trailing twelve-month revenue. Given the strength of the company's performance, the board authorized a new $500 million share repurchase plan.

Brink's announced strong second-quarter results, achieving record revenue driven by organic growth in AMS and DRS, and disciplined pricing in cash and valuables management. The company affirms its 2023 guidance, confident in its outlook and ability to deliver long-term shareholder value.

Brink's Q1 2023 earnings showcased strong performance with double-digit revenue growth, driven by robust gains in digital retail solutions and ATM managed services. The company's highest non-GAAP first quarter operating margin in recent history was attributed to higher productivity, labor improvements in the U.S., benefits from the 2022 global restructuring plan, and improved revenue mix. Increased full-year 2023 guidance for operating profit, adjusted EBITDA and EPS.

Brink's delivered strong fourth-quarter and full-year results, with full-year revenue growth of 8% and the highest organic growth in over a decade. The company's Q4 revenue was up 8%, reflecting 12% organic growth. Management expects continued strong revenue and profit growth in 2023.

Brink's Q3 2022 results showed double-digit organic growth in revenue, operating profit, adjusted EBITDA and EPS. The company is implementing a restructuring plan expected to yield $40 million in sustainable fixed cost reductions in 2023. Revenue and operating profit are expected to be at the low end of the guidance range due to foreign exchange translation.

Brink's reported a strong first quarter with a 10% increase in revenue, 24% growth in operating profit, a 21% rise in adjusted EBITDA, and a 46% increase in EPS. The company's performance demonstrates the resilience of its business and supports confidence in achieving full-year guidance and 2024 financial targets.

Brink's Q4 2021 earnings report showcased record revenue and operating profit, demonstrating the resilience of the business and the strength of cash usage globally. The company's 2022 guidance reflects strong growth rates and margin improvement targets.

Brink's Q3 2021 earnings showcased significant growth, with revenue up 11% and organic growth at 6%. GAAP net income improved from a loss to $19 million, and adjusted EBITDA increased by 15% to $170 million. The company also announced a $150 million accelerated share repurchase plan.

Brink's reported a strong recovery in the second quarter of 2021, with total revenue up 27% and organic growth of 15%. The company's operating profit increased to $73 million, and adjusted EBITDA rose by 39% to $166 million. EPS also saw significant growth, with GAAP EPS up 74% to $0.47 and non-GAAP EPS up 62% to $1.18.

Brink's Q1 2021 earnings showcase a robust performance with a 12% increase in revenue driven by acquisitions which offset pandemic headwinds. There was substantial growth in operating profit and adjusted EBITDA, and GAAP net income increased significantly. The company completed the PAI acquisition on April 1 and raised its full-year guidance, expecting accelerated growth in the second half.

Brink's Q4 2020 results demonstrated business resilience and strong rebound from the pandemic bottom, with revenue up 9% and GAAP operating profit up 53%. Management expects strong revenue and profit growth in 2021.

Brink's reported a 5% increase in revenue (11% in constant currency) and GAAP EPS of $(0.47) with non-GAAP EPS at $0.86. The company's revenue reached 88% of 2019 pro forma levels, and cost reductions drove significant operating profit growth.

Brink's reported a decrease in revenue by 10% compared to the previous year, but the results were stronger than expected due to cost reductions and a resilient retail customer base. The company is cautiously optimistic about sequential profit growth in the second half of 2020 and accelerated revenue growth in 2021.