Michael Gabay
Michael Gabay, President, Brink’s France, will become Executive Vice President and President, Europe
Highest-materiality recent filing
Revenue $1,392M (+7% YoY); GAAP EPS $1.07 (+4%); non-GAAP EPS $2.13 (+18%); Adjusted EBITDA $257M (+11%).
Brink's shareholders approve acquisition of NCR Atleos; deal expected to close by Q1 2027
Brink's shareholders voted 37,690,024 for, 18,697 against, 26,874 abstain on share issuance proposal.
Brink's Q1 revenue up 10% to $1.375B; non-GAAP EPS $1.80; NCR Atleos deal on track for Q1 2027
Revenue $1.375B (+10% YoY); organic growth 4.5%; AMS/DRS organic growth 15%.
Brink's shareholders approve amended equity plan adding 3.9M shares; all directors re-elected
Amended 2024 Equity Incentive Plan approved, adding 3,900,000 shares (35.3M For, 1.0M Against).
Brink's expands credit facility to $3.85B, secures financing for NCR Atleos acquisition
Amended credit facility increased from $2.225B to $3.85B; includes $1.025B delayed draw term loan and $600M revolver increase.
Brink's Q4 revenue $1.38B +9%; AMS/DRS organic growth accelerates to 22%
Full-year GAAP EPS $4.70 (+30% YoY); non-GAAP EPS $8.05 (+12%).
Brink's acquires NCR Atleos in $30 cash + 0.1574 shares per share deal; up to $2.3B bridge financing
Merger consideration: $30.00 cash plus 0.1574 Brink's shares per NCR Atleos share.
Brink's Board authorizes new $750M share repurchase program
Board authorized $750M share repurchase program, expiring December 31, 2027.
Brink's Q3 revenue +6% to $1.34B; non-GAAP EPS $2.08 +28%; record margins
GAAP revenue $1,335M (+6% YoY); GAAP operating profit $152M (+37%, margin 11.4%); GAAP EPS $0.86 (+32%).
Brink's Q2 exceeds top-end guidance: revenue $1.301B, adj EBITDA $232M, raises FY outlook
GAAP revenue $1,301M (+4% YoY); non-GAAP operating profit $165M (+6%); adjusted EBITDA $232M (+3%).
Brink's Q1 beats guidance; organic revenue +6%, adjusted EPS $1.62, repurchases $110M
Revenue $1,247M (+1% total, +6% organic); GAAP EPS $1.19, non-GAAP EPS $1.62.
Brink's reports record 2024 revenue $5,012M; DOJ/FinCEN charges $45.7M; Q1 2025 EPS guide $1.10-1.40
Full-year 2024 revenue $5,012M (+3% GAAP, +12% organic); record.
Brink's subsidiary resolves investigations with DOJ and FinCEN, pays $42M
BGS USA reached Non-Prosecution Agreement with DOJ and Consent Order with FinCEN; to pay $42M over three years.
Brink's Q3 GAAP EPS $0.65 (-33% YoY); non-GAAP EPS $1.51; AMS/DRS organic +26%
Revenue $1,259M (+3% GAAP, +13% constant currency); AMS/DRS organic growth +26%.
Brink's redeems all outstanding 5.500% Senior Notes due 2025; redemption set for Sept 13, 2024
Redemption of all outstanding aggregate principal of 5.500% Senior Notes due 2025.
Brink's Q2: record revenue $1.25B, organic +14%; GAAP EPS $1.03 +51%; adj EBITDA $226M +16%
GAAP net income $46M, up 44%; GAAP EPS $1.03 (+51%); non-GAAP EPS $1.67 (+31%).
Brink's closes $800M senior notes offering to refinance 2025 notes
Issued $400M 6.500% notes due 2029 and $400M 6.750% notes due 2032, both priced at par.
Brink's upsizes notes offering to $800M; prices 5-yr at 6.500% and 8-yr at 6.750%
Initial $400M 5-year notes announced June 4; upsized to include $400M 8-year notes on June 5.
Brink's Q1 GAAP net income up 229% to $49M; record revenue $1.236B; reaffirms FY guidance
GAAP EPS $1.09, up 263% YoY; non-GAAP EPS $1.52, up 20% YoY.
Brink's declares 10% dividend increase to $0.2425/share payable June 3, 2024
Quarterly dividend raised 10% from $0.22 to $0.2425 per share.
Brink's Q4 non-GAAP EPS $2.76 (+31% YoY); FY2023 revenue $4.88B (+7%); 2024 EBITDA guide $935M-$985M
Q4 2023: GAAP net loss $5M; non-GAAP EPS $2.76 (up 31% YoY); revenue $1.246B (up 5%, 8% constant currency).
Brink's Q3: record revenue +8%, non-GAAP EPS $1.92 (+39%), raises FCF guidance, new $500M buyback
Q3 revenue $1,227M (+8% YoY, 6% organic); GAAP operating profit $138M (+131%), non-GAAP $166M (+31%).
Brink's announces $500M share repurchase program, double prior size, expiring Dec 2025
Board approved $500M share repurchase authorization, doubling the size of the last two programs.
Brink's denies being in discussions with NCR about a strategic transaction
The Brink's Company states it is not in discussions with NCR Corporation regarding a possible strategic transaction.
Brink's Q2 revenue record $1.22B (+7%), but GAAP EPS falls 7% to $0.68; $12M security loss
Q2 revenue $1,216M (+7% YoY), organic growth 8%; non-GAAP operating profit $132M (+6%).
Brink's Q1 revenue up 10% to $1.185B; raises FY2023 guidance
GAAP operating profit $80M (+28%); non-GAAP operating profit $127M (+14%); margins 6.7% and 10.7%.
Brink's Reports Strong Q4 and Full-Year 2022 Results with Revenue Up 8% and Non-GAAP EPS Up 25%
Full-year 2022 revenue grew 8% to $4,536M, with organic growth of 12% (highest in over a decade).
Brink's EVP, CIO & CDO Rohan Pal to step down effective Jan 31, 2023
Rohan Pal will depart as EVP, Chief Information Officer and Chief Digital Officer on Jan 31, 2023.
Brink's Q3 non-GAAP EPS $1.34 (+18% YoY); reaffirms adjusted EBITDA and EPS guidance midpoint
Revenue $1.1B, up 6% total (+13% organic); non-GAAP operating profit $127M (+9%).
Brink's acquires UK ATM network NoteMachine for ~$179M; Q3 share repurchases $27.3M
Acquisition price ~$179M, 5.0x adjusted EBITDA; NoteMachine had $131M revenue, $36M adj. EBITDA in FY2022.
Michael Gabay, President, Brink’s France, will become Executive Vice President and President, Europe
On March 31, 2025, James K. Parks, Executive Vice President and President, Europe, Middle East, Africa and Asia of The Brink’s Company (the “Company”), notified the Company that he plans to retire on May 1, 2025.
Nader Antar, Executive Vice President and President, Brink’s Global Services, will expand his responsibilities to include the Rest of World segment.
On March 3, 2023, Michael F. Beech, Executive Vice President and President, Latin America and Global Security of The Brink’s Company (the “Company”), notified the Company that he plans to retire from the Company on March 31, 2023.
Douglas A. Pertz will step down as Executive Chairman of the Board and will retire as a director as of the Company’s 2023 Annual Meeting of Shareholders, scheduled for May 5, 2023 (the “Annual Meeting”).
On January 17, 2023, The Brink’s Company (the “Company”) and Rohan Pal mutually agreed that Mr. Pal will step down as the Company’s Executive Vice President, Chief Information Officer and Chief Digital Officer, effective January 31, 2023.
appointed Keith R. Wyche as a non-employee director of the Company, effective on December 7, 2022
On August 9, 2022, the Company announced that Kurt B. McMaken, age 52, will join the Company on August 24, 2022 as Executive Vice President and Chief Financial Officer (principal financial officer).
On August 9, 2022, Ronald J. Domanico notified The Brink’s Company (the “Company”) that he would step down as Executive Vice President and Chief Financial Officer of the Company, effective August 24, 2022.
Douglas A. Pertz will transition from President and CEO of the Company to Executive Chairman of the Board,
Michael J. Herling will become Lead Director of the Board,
Mark Eubanks, the Company’s current Executive Vice President and Chief Operating Officer (“COO”), will become President and Chief Executive Officer (“CEO”) of the Company;
Max materiality 0.90 · Median 0.60 · Most common event earnings