No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341. NEW YORK, Feb. 27, 2026 /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm i ...

Group 1 - Halper Sadeh LLC is investigating the sale of NCR Atleos Corporation to The Brink's Company for $30.00 in cash and 0.1574 shares of Brink's common stock for each share of NCR [1] - The investigation focuses on whether NCR and its board violated federal securities laws and fiduciary duties by not obtaining the best price for shareholders, failing to conduct a fair sales process, and not disclosing all material information [2] - Halper Sadeh LLC may seek increased consideration, additional disclosures, or other relief for NCR shareholders [2] Group 2 - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, recovering millions for defrauded investors [3]

Core Viewpoint - Brink's Company plans to acquire NCR Atleos in a cash and stock transaction valued at $6.6 billion, aiming to create a leading financial technology infrastructure company [1] Group 1: Acquisition Details - The companies have entered into a definitive agreement for the acquisition, expecting to close the transaction in the first quarter of 2027, subject to customary closing conditions [2] - The acquisition will combine Brink's global cash management expertise and route-based infrastructure with NCR Atleos' ATM management and services expertise, enhancing service offerings to financial institutions and retail customers [3][8] Group 2: Strategic Implications - Brink's President and CEO Mark Eubanks stated that the merger will provide critical scale and integrated capabilities to drive growth and improve service levels for their global customer base [7] - NCR Atleos President and CEO Tim Oliver emphasized that the combination will enhance offerings to financial institutions and retailers, creating more opportunities for employees [8] Group 3: Financial Performance - NCR Atleos reported a 4% year-over-year revenue increase in Q4 2025, reaching $44 million, with Core Revenue improving by 6%, attributed to growth in demand for ATMaaS and hardware [9] - Brink's presentation indicated that the combined company will have approximately $10 billion in total revenue, with expected annual run-rate cost synergies of $200 million [10]

Financial Data and Key Metrics Changes - The Brink's Company reported total organic growth of 11% in Q4 and 12% for the full year 2024, with EBITDA of $912 million and an EBITDA margin expansion of 40 basis points to 18.2% [7][10][17] - EPS for the year was $7.17, reflecting a 4% reduction in share count year over year due to share repurchase programs [10][17] - Free cash flow for the full year was $400 million, with over $300 million generated in Q4 alone, driven by working capital efficiencies [11][45] Business Line Data and Key Metrics Changes - ATM managed services and digital retail solutions (AMS DRS) grew 23% organically in both Q4 and the full year, now representing 24% of total revenue [7][12][28] - Cash and valuables management (CVM) grew organically by 7% in Q4 and 9% for the full year, while global services showed signs of recovery late in the quarter [8][29] - North America experienced 2% organic growth for the full year, with adjusted EBITDA up 60 basis points [18] Market Data and Key Metrics Changes - Latin America saw a decline of 2% in total revenue due to volatile foreign exchange conditions, but AMS DRS grew double digits organically [19] - Europe achieved 7% organic growth in 2024, with adjusted EBITDA growing slightly faster at 9% [22] Company Strategy and Development Direction - The company is focused on improving revenue mix, streamlining operations, and compounding free cash flow for shareholder returns [12][14] - Plans for 2025 include mid-single-digit organic revenue growth and mid to high teens growth in AMS DRS, with a target of converting 40% to 45% of EBITDA into free cash flow [15][56] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth outlook, particularly in AMS DRS and the recovery of global services, despite currency headwinds [7][36] - The company anticipates continued margin expansion and is focused on capital efficiency and operational excellence [14][50] Other Important Information - The company reduced net leverage to 2.8 times EBITDA and returned approximately $250 million to shareholders through repurchases and dividends [14][51] - The introduction of additional guidance for the first quarter aims to provide clarity on the impact of foreign currency fluctuations [56] Q&A Session Summary Question: Growth in cash and valuables management business - Management noted that volumes are improving, particularly due to inflation moderation in Argentina, which aligns with long-term growth trends [62][64] Question: Investments to improve margins in North America - Management highlighted ongoing investments in route optimization technology and cloud migration to enhance scalability and flexibility [68][70] Question: Organic growth assumptions for CIT and VGS businesses - Management indicated that CVM is expected to grow in low single digits, while BGS is anticipated to show positive growth after previous softness [76][79] Question: Impact of FX headwinds on free cash flow - Management acknowledged that FX headwinds could impact margins but expects improvements in free cash flow conversion due to operational efficiencies [90][92] Question: Growth in AMS DRS from legacy conversions versus new business - Management clarified that most growth in DRS comes from new business rather than legacy conversions, with a focus on competitive acquisitions [98][102] Question: Impact of tariffs and economic slowdowns - Management stated that while tariffs have affected global markets, they have not seen significant direct impacts on their business [104][110] Question: Discontinuation of the penny - Management indicated that the potential discontinuation of the penny would not have a meaningful impact on their business operations [112][114]

Financial Performance - Full Year 2024 - The company's full-year organic revenue grew by 12%[8], driven by a 23% increase in AMS/DRS (ATM Managed Services/Digital Retail Solutions) and a 9% increase in CVM (Cash & Valuables Management) organic revenue[8] - Adjusted EBITDA for the full year was $912 million, representing an 18.2% margin, which expanded by 40 basis points[8] - Full-year Free Cash Flow reached $400 million, with a 44% conversion rate from EBITDA growth and working capital management[8] - The company returned $245 million, or 61% of Free Cash Flow, to shareholders through share repurchases and dividends[8] Financial Performance - Fourth Quarter 2024 - Fourth-quarter organic revenue increased by 11%[8], with AMS/DRS growing by 23% and CVM growing by 7%[8] - Adjusted EBITDA for the fourth quarter was $251 million, resulting in a 19.9% margin[8] - Fourth-quarter EPS (Earnings Per Share) was $2.12[8] - Free Cash Flow for the fourth quarter was $302 million, with a 120% conversion rate due to strong working capital performance[8] Strategic Initiatives and Growth - The company delivered an incremental $200 million of higher-margin AMS/DRS revenue during the year[8] - AMS/DRS revenue represented 24% of total revenue, with accelerated organic growth of 23%[8] - AMS/DRS revenue has increased by approximately 130% since 2021[22] 2025 Guidance Framework - The company anticipates mid-single-digit organic growth for the full year 2025[8] - AMS/DRS organic growth is projected to be in the mid-to-high teens[8] - Adjusted EBITDA margin is expected to expand by 30-50 basis points[8] - Free Cash Flow conversion is projected in the mid-40% range[8]