11Mon·

Brinks, record margins and growth in the Asset Management System (AMS) segment characterize the positive outlook

$BCO (+2.27%)

Brink's Co. ( BCO ) reported an increase in profits for the third quarter compared to the same period last year.


The company's net profit amounted to 36.3 million US dollars, or 0.65 US dollars per share. In the previous year, it amounted to 28.9 million US dollars or 0.65 US dollars per share.


Adjusted for special items, Brink's Co. generated a profit of USD 87.5 million or USD 2.08 per share in this period.


The company's turnover rose by 6.0% to 1.335 billion US dollars in this period, compared to 1.259 billion US dollars in the previous year.


Brink's Co. profits at a glance (GAAP):


-Profit: $36.3 million compared to $28.9 million in the prior year.

-Earnings per share: $ compared to $0.65 in the previous year.

-Sales: $1.335 billion compared to $1.259 billion in the previous year.


Brink's (trade name: The Brink's Company) is a global leader in security services, specializing in cash and valuables management, digital solutions for retailers and automated teller machine (ATM) services for financial institutions, retailers and government organizations. Founded in 1859, the company securely transports valuables (often in armored vehicles colloquially known as "Brink's") and provides logistics, payment services and cash processing technology, with a presence in over 100 countries.

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6 Comments

The big thing at Brink's.
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As this used to be a core business of my company in Germany, I know how bad things are in this sector in Germany. I don't know if the business in the USA is that much different. If it were a company operating in Germany, I would strongly advise against an investment.
The reason is that less and less cash is being used in Germany and therefore fewer and fewer stops are needed at longer and longer intervals. So there is no money to be made from the transportation of valuables.
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How do you find such companies 😂
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My dear. I can't believe it!
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Thanks for the introduction, you probably made a small typo with the earnings per share, it's just a dollar sign and not a number 😁 Otherwise very interesting niche company! Thank you very much!
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@Klein-Anleger1
I like to think outside the box.
The well-known companies are mentioned here often enough
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