---
schema_version: "secwatch.filing_event.v1"
accession: "0000078890-23-000069"
form_type: "8-K"
ticker: "BCO"
cik: "0000078890"
company_name: "BRINKS CO"
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T05:56:23.692824+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Brink's Reports Strong Q4 and Full-Year 2022 Results with Revenue Up 8% and Non-GAAP EPS Up 25%

## Summary
- Full-year 2022 revenue grew 8% to $4,536M, with organic growth of 12% (highest in over a decade).
- Q4 2022 non-GAAP EPS rose 25% to $2.10 from $1.68; GAAP EPS up 4% to $1.01.
- Full-year non-GAAP operating profit increased 17% to $550M; operating margin expanded 90 bps to 12.1%.
- Management issued 2023 guidance: revenue $4,800M-$4,950M, non-GAAP EPS $6.30-$7.00, adjusted EBITDA $855M-$905M.
- Digital retail solutions organic revenue grew 25% and ATM managed services organic revenue grew 50% in 2022.

## SEC filing metadata
- accession: 0000078890-23-000069
- form_type: 8-K
- ticker: BCO
- cik: 0000078890
- company_name: BRINKS CO
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/78890/000007889023000069/0000078890-23-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/78890/000007889023000069/bco-20230222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000078890-23-000069
- JSON: https://secwatch.observer/filing/0000078890-23-000069.json
- Plain text: https://secwatch.observer/filing/0000078890-23-000069.txt

## Key facts
- Earnings Releases
  BRINKS CO reported full year 2023 results: revenue 4,800 – 4,950, EPS 6.30 – 7.00. Guidance initiated.
  - Period: full year 2023
  - Revenue: 4,800 – 4,950
  - EPS: 6.30 – 7.00
  - Guidance: initiated
  - Result: guidance update
  source text: 2023 Non-GAAP Outlook (a) Revenues 4,800 – 4,950 Operating profit 615 – 665 EPS from continuing operations attributable to Brink's 6.30 – 7.00 Operating profit margin 12.8 – 13.4% Free cash flow before dividends 325 – 375 Adjusted EBITDA 855 – 905 Adjusted EBITDA margin 17.8 – 18.3%
  evidence_url: https://www.sec.gov/Archives/edgar/data/78890/000007889023000069/0000078890-23-000069-index.htm
- Earnings Releases
  BRINKS CO reported full year ended December 31, 2022 results: revenue $4,536, net income $171, EPS $3.63.
  - Period: full year ended December 31, 2022
  - Revenue: $4,536
  - Net income: $171
  - EPS: $3.63
  - Result: reported results
  source text: Full Year 2022 (vs. 2021) GAAP Change Non-GAAP Change Constant Currency Change (b) Organic Change Revenue $ 4,536 8% $ 4,536 8% 14% 12% Operating Profit $ 361 2% $ 550 17% 26% 23% Operating Margin 8.0 % (40 bps) 12.1 % 90 bps 120 bps Net Income / Adjusted EBITDA (a) $ 171 62% $ 788 15% 23% EPS $ 3.63 76% $ 5.99 26% 40%
  evidence_url: https://www.sec.gov/Archives/edgar/data/78890/000007889023000069/0000078890-23-000069-index.htm
- Earnings Releases
  BRINKS CO reported fourth quarter ended December 31, 2022 results: revenue $1,191, net income $45, EPS $1.01.
  - Period: fourth quarter ended December 31, 2022
  - Revenue: $1,191
  - Net income: $45
  - EPS: $1.01
  - Result: reported results
  source text: Fourth-Quarter 2022 (vs. 2021) GAAP Change Non-GAAP Change Constant Currency Change (b) Organic Change Revenue $ 1,191 8% $ 1,191 8% 16% 12% Operating Profit $ 143 (2%) $ 187 22% 34% 30% Operating Margin 12.0 % (120 bps) 15.7 % 170 bps 220 bps Net Income / Adjusted EBITDA (a) $ 45 (9)% $ 247 18% 28% EPS $ 1.01 4% $ 2.10 25% 42%
  evidence_url: https://www.sec.gov/Archives/edgar/data/78890/000007889023000069/0000078890-23-000069-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
