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Brink's Company (BCO) delivers secure logistics and cash management solutions globally. This news hub provides investors and stakeholders with centralized access to official announcements, financial updates, and strategic developments.
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The Brink’s Company (NYSE: BCO) announced Laurent Borne's appointment as executive vice president and chief experience officer, effective May 15, 2023. Borne will oversee global marketing and the company's growing digital retail solutions segment. His extensive background in global product development and management includes leadership roles at Stoneridge and Whirlpool Corporation, where he significantly contributed to technology-led transformation initiatives. President Mark Eubanks emphasized that Borne's expertise aligns with Brink’s focus on enhancing customer experience and modernizing the retail cash ecosystem. Borne's vision is to drive innovation and data-driven decision-making while addressing the diverse needs of retailers.
The Brink's Company (NYSE:BCO) announced a conference call scheduled for May 10, 2023, at 8:30 a.m. (ET) to discuss first-quarter financial results. The results will be released earlier that same day. Interested participants can join the call by dialing 888-349-0094 (U.S.) or 412-902-0124 (international), and it is recommended to call in five minutes prior to the start. A pre-registration option is available for a direct dial-in number via a provided link. The conference call will also be accessible through a live webcast, with a replay option available through May 17, 2023. Brink's operates in 52 countries and serves a diverse clientele that includes banks, retailers, and government entities.
The Brink's Company (NYSE:BCO) reported a 8% revenue growth for the full year, driven by a 12% organic growth, marking the highest organic growth in over a decade. In Q4, GAAP operating profit was $143M with a 12% operating margin. Full-year net income surged 62% to $171M, with non-GAAP EPS increasing 76% to $3.63. The company anticipates continued strong growth in 2023, forecasting revenue between $4.8B-$4.95B and EPS between $6.30-$7.00. Key growth areas included digital retail solutions and ATM managed services, with significant contributions from restructuring efforts and improved cost productivity.
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