Record 2024 revenue with growth of 3% with organic growth of 12% Continued robust organic growth of 23% in AMS/DRS and 9% in CVMStrong 2024 cash generation with cash from operations of $426M and free cash flow of $400M Reduced net leverage while returning $245M in cash to shareholders RICHMOND, Va., Feb. 26, 2025 (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 four ...

Core Insights - Wall Street analysts anticipate Brink's (BCO) to report quarterly earnings of $1.79 per share, reflecting a year-over-year decline of 35.1% [1] - Expected revenues for Brink's are projected at $1.24 billion, which represents a slight decrease of 0.4% compared to the same quarter last year [1] - Over the past 30 days, the consensus EPS estimate has been revised downward by 10.6%, indicating a reassessment of initial forecasts by analysts [1] Revenue Estimates by Geography - Analysts estimate that 'Geographic Revenue- Latin America' will reach $306.55 million, showing a decline of 10.6% from the prior-year quarter [4] - 'Geographic Revenue- North America' is expected to be $416.30 million, indicating a growth of 3% from the previous year [4] - 'Geographic Revenue- Europe' is projected at $313.55 million, reflecting an increase of 6.7% year-over-year [5] - 'Geographic Revenue- Rest of World' is estimated to be $205.10 million, showing a slight increase of 0.5% from the prior-year quarter [5] Stock Performance - Over the past month, Brink's shares have returned -1.8%, compared to a -0.5% change in the Zacks S&P 500 composite [5] - Brink's currently holds a Zacks Rank 5 (Strong Sell), suggesting potential underperformance relative to the overall market in the near future [5]

Core Points - Brink's Global Services USA (BGS USA) reached agreements with the Department of Justice (DOJ) and the Financial Crimes Enforcement Network (FinCEN) to resolve investigations related to cross-border currency shipments and compliance with federal money-transmitting laws [1][2] - The company agreed to pay a total of $42 million over three years and has cooperated throughout the investigations, which involved currency shipments from 2018 to 2020 [2][3] - BGS USA will forfeit $50 million to settle criminal allegations of operating as an unlicensed money transmitting business, admitting to illegally transporting money domestically and internationally [6] Financial Penalties - BGS USA will pay a civil money penalty of $37 million for willful violations of the anti-money laundering (AML) law and the Bank Secrecy Act (BSA) [3][4] - The total financial impact of the agreements includes $42 million in penalties and $50 million in forfeiture, amounting to a total of $92 million [2][6] Compliance and Internal Review - Following the DOJ investigation in 2020, the company conducted a thorough internal review and has since enhanced its global Ethics & Compliance program, which was acknowledged by the DOJ [3] - The resolution indicates that BGS USA failed to register as a money services business, develop an effective AML program, and file suspicious activity reports [4][5] Industry Impact - The actions taken by BGS USA highlight the risks associated with inadequate AML controls, which can expose the financial system to money laundering risks, including those related to narcotics trafficking [5]

RICHMOND, Va., Feb. 06, 2025 (GLOBE NEWSWIRE) -- The Brink's Company (NYSE:BCO) today announced that its subsidiary, Brink's Global Services USA (BGS USA), has reached agreements with the U.S. Department of Justice (DOJ) and U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) to fully resolve previously disclosed investigations related to historical cross-border currency shipments and compliance with federal money-transmitting laws. BGS USA has entered into a Non-Prosecution Agreement with DOJ and ...

RICHMOND, Va., Feb. 06, 2025 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE:BCO) today announced that its subsidiary, Brink’s Global Services USA (BGS USA), has reached agreements with the U.S. Department of Justice (DOJ) and U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) to fully resolve previously disclosed investigations related to historical cross-border currency shipments and compliance with federal money-transmitting laws. BGS USA has entered into a Non-Prosecution Agreement with DOJ and ...

Core Viewpoint - The Brink's Company will host a conference call on February 26, 2025, to discuss its fourth-quarter and full-year 2024 financial results, which will be released earlier that day [1]. Group 1: Conference Call Details - The conference call is scheduled for February 26, 2025, at 9:00 a.m. (ET) [1]. - Participants can access the call by dialing 888-349-0094 (U.S.) or 412-902-0124 (international) and should join at least five minutes early [2]. - A pre-registration option is available for participants to receive a direct dial-in number [2]. Group 2: Replay Information - A replay of the conference call will be available until March 5, 2025, through specific U.S. and international numbers [3]. - The conference number for the replay is 2378316 [3]. - A webcast replay will also be accessible on the Brink's Investor Relations site [3]. Group 3: Company Overview - The Brink's Company is a global provider of cash and valuables management, digital retail solutions, and ATM managed services [4]. - The company serves a diverse customer base, including financial institutions, retailers, government agencies, and jewelers, operating in 52 countries and serving customers in over 100 countries [4].

Core Viewpoint - The Brink's Company will host a conference call on February 26, 2025, to discuss its fourth-quarter and full-year 2024 financial results, which will be released earlier that day [1]. Group 1: Conference Call Details - The conference call is scheduled for 9:00 a.m. (ET) on February 26, 2025 [1]. - Participants can access the call by dialing 888-349-0094 (U.S.) or 412-902-0124 (international) and should join at least five minutes early [2]. - A pre-registration option is available for participants to receive a direct dial-in number [2]. Group 2: Replay Information - A replay of the conference call will be available until March 5, 2025, through specific U.S. and international numbers [3]. - The conference number for the replay is 2378316 [3]. - A webcast replay will also be accessible on the Brink's Investor Relations site [3]. Group 3: Company Overview - The Brink's Company is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services [4]. - The company serves a diverse customer base, including financial institutions, retailers, government agencies, mints, and jewelers, operating in 52 countries and serving customers in over 100 countries [4].

Group 1 - The Brink's Company declared a regular quarterly dividend of $0.2425 per share on its common stock [1] - The dividend is scheduled to be payable on March 3, 2025, to shareholders of record on February 3, 2025 [1] Group 2 - The Brink's Company is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services [2] - The company serves a diverse customer base including financial institutions, retailers, government agencies, mints, jewelers, and other commercial operations [2] - Brink's operates in 52 countries and serves customers in over 100 countries [2]

Core Viewpoint - The Brink's Company has appointed Guillermo Peschard Mijares as executive vice president and president of Brink's Latin America, effective December 2, 2024, aiming to enhance operational excellence and drive growth in the region [1][3]. Group 1: Appointment Details - Guillermo Peschard Mijares will join the executive leadership team and report to Mark Eubanks, the president and CEO of Brink's [1]. - Peschard has a strong background, having served as senior vice president of Global Strategic Cost Transformation at PepsiCo and previously as chief strategy and transformation officer for their Latin American business [2]. Group 2: Strategic Importance - Mark Eubanks highlighted Peschard's proven track record in guiding organizations through transformative growth and operational excellence, which will benefit Brink's during its transformation [3]. - Peschard expressed enthusiasm about joining Brink's, emphasizing the opportunities in Latin America and the commitment to improving operational excellence in partnership with customers and employees [3]. Group 3: Company Overview - The Brink's Company is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, serving customers in over 100 countries [4]. - The company's clientele includes financial institutions, retailers, government agencies, mints, jewelers, and other commercial operations [4].

Group 1 - The investment approach emphasized is long-term, treating investing as a marathon rather than a sprint [1] - Crude Value Insights focuses on oil and natural gas, highlighting cash flow and companies that generate it, which leads to value and growth prospects [1] Group 2 - Subscribers have access to a 50+ stock model account and in-depth cash flow analyses of exploration and production (E&P) firms [2] - The service includes live chat discussions about the oil and gas sector, enhancing community engagement [2]