Group 1 - Brinks Co will acquire NCR Atleos in a cash-and-stock deal valued at approximately $6.6 billion, including debt, which caused Brinks' shares to drop 6% in after-hours trading [1] - The acquisition involves Brinks paying $30 in cash and 0.1574 shares of its common stock for each outstanding share of NCR Atleos, with an implied total value of $50.40 per share, representing a premium of about 20.4% over NCR Atleos' closing price on February 26, 2026 [2] - The deal has received approval from the boards of directors of both companies and is expected to close in the first quarter of 2027 [2] Group 2 - Brinks' CEO Mark Eubanks and CFO Kurt McMaken will retain their positions in the combined company following the acquisition [4] - Brinks has forecasted an adjusted profit per share for the first quarter of $1.50 to $1.90, with the midpoint aligning with analysts' estimates of $1.7 [4]

P R E S S R E L E A S E Contact: Investor Relations 804.289.9709 Brink's Announces Fourth-Quarter and Full-Year 2025 Results Fourth quarter revenue growth of 9% with organic growth of 5% Accelerating AMS/DRS fourth quarter organic growth to 22% Record 2025 cash generation with cash from operations of $640M and free cash flow of $436M Reduced net debt leverage to 2.7x Adjusted EBITDA RICHMOND, Va., February 26, 2026 – The Brink's Company (NYSE:BCO), a leading global provider of cash and valuables management, ...

Core Insights - The Brink's Company reported a fourth-quarter revenue growth of 9% with organic growth of 5% and an acceleration in AMS/DRS organic growth to 22% [1][2] - The company achieved record cash generation in 2025, with cash from operations of $640 million and free cash flow of $436 million, while reducing net debt leverage to 2.7 times Adjusted EBITDA [1][2] - The full-year 2025 results showed a revenue of $5.261 billion, a 5% increase compared to 2024, and an adjusted EBITDA of $977 million, reflecting a 7% increase [3][4] Financial Performance - Fourth-quarter 2025 revenue was $1.379 billion, a 9% increase year-over-year, with an operating profit of $180 million, up 72% [4][14] - The operating margin for the fourth quarter improved to 13.1%, an increase of 480 basis points, while net income rose to $68 million, a 77% increase [4][14] - For the full year 2025, the operating profit was $586 million, a 29% increase, with an operating margin of 11.1%, up 210 basis points [3][4] Segment Performance - In the fourth quarter, North America segment revenue increased to $456 million, a 9% growth, while Latin America saw a slight increase to $336 million, a 1% growth [15] - The Europe segment reported a revenue of $377 million, a 14% increase, and the Rest of World segment revenue was $210 million, an increase of 10% [15] - The North America segment's operating profit surged to $75 million, a 42% increase, while Latin America experienced a decline to $69 million, a 10% decrease [15] Future Outlook - The company anticipates mid-single digits organic revenue growth for 2026, with AMS/DRS organic revenue growth projected in the mid to high teens [6][7] - The adjusted EBITDA margin is expected to expand by 30-50 basis points, with free cash flow conversion targeted at 40-45% [6][7] - Q1 2026 guidance includes revenue expectations between $1.335 billion and $1.395 billion, with non-GAAP adjusted EBITDA projected between $220 million and $240 million [6][7]

Core Viewpoint - Brink's Company is acquiring NCR Atleos Corporation in a cash and stock transaction valued at approximately $6.6 billion, aimed at enhancing their financial technology infrastructure and expanding into under-penetrated markets [1][2][3] Transaction Details - The acquisition involves 13.3 million shares of Brink's common stock and $2.2 billion in cash, along with the assumption of approximately $2.6 billion of NCR Atleos' debt [1][8] - Each outstanding share of NCR Atleos will be acquired for $30.00 in cash and 0.1574 shares of Brink's common stock, reflecting an implied value of $50.40 per share, which is a 24% premium over NCR Atleos' closing price on February 25, 2026 [8] - The transaction has been unanimously approved by the boards of both companies and is expected to close in the first quarter of 2027, pending regulatory and shareholder approvals [10] Strategic Benefits - The merger combines Brink's cash management expertise with NCR Atleos' ATM management and services, allowing for a broader set of solutions for financial institutions and retail customers [2][3] - The combined company is expected to generate approximately $10 billion in total revenue, with mid-single-digit organic revenue growth and significant EBITDA margin expansion [5][7] - The integration will enhance customer solutions by leveraging NCR Atleos' extensive ATM network, which includes approximately 78,000 owned ATMs, to expand Brink's retail customer locations [6] Financial Impact - The acquisition is projected to deliver at least 35% accretion to earnings per share (EPS) and generate strong cash flow with an estimated $200 million in annual run-rate cost synergies [1][15] - Brink's anticipates strong free cash flow, enabling the combined company to reduce net leverage to a target range of 2.0-3.0x by the end of 2027 [15]

Core Viewpoint - The Brink's Company is acquiring NCR Atleos Corporation in a cash and stock transaction valued at approximately $6.6 billion, aimed at enhancing growth and service offerings in the financial technology sector [1][2][3] Strategic Benefits - The acquisition combines Brink's cash management expertise with NCR Atleos' ATM management capabilities, creating a more comprehensive service offering for financial institutions and retailers [2][6] - The transaction is expected to deliver at least 35% accretion to earnings per share (EPS) and generate strong cash flow with estimated annual run-rate cost synergies of $200 million [1][15] - The combined company is anticipated to generate approximately $10 billion in total revenue, with a focus on mid-single-digit organic revenue growth and significant EBITDA margin expansion [7][5] Expanded Offerings - The merger will enhance Brink's ability to serve a diverse customer base, including financial institutions, governments, and retailers, through an integrated set of technology and service capabilities across over 140 countries [6] - NCR Atleos' extensive ATM network, consisting of approximately 600,000 ATMs, will significantly expand Brink's retail customer locations and enhance its Digital Retail Solutions (DRS) business [6][8] Financial Details - Brink's will acquire each outstanding share of NCR Atleos for $30.00 in cash and 0.1574 shares of Brink's common stock, reflecting an implied value of $50.40 per share of NCR Atleos, which is a 24% premium over its closing price [8] - The cash portion of the purchase price will be financed through a combination of cash on hand and new debt, with Brink's securing $4.5 billion in committed bridge financing [9] Governance and Leadership - The transaction has been unanimously approved by the boards of directors of both companies and is expected to close in the first quarter of 2027, pending regulatory and shareholder approvals [10] - Mark Eubanks and Kurt McMaken will serve as CEO and CFO, respectively, of the combined company, with one independent director from NCR Atleos joining Brink's Board of Directors [11]

Creating a Leader in Financial Technology Infrastructure February 26, 2026 Cautionary Note Regarding Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "assume," "could," "estimate," "expect," "target," "possible," "project," "predict," "intend," "plan," "believe," "potential," "may," "should", "will" and similar expressions are based on current expectations and assumptions a ...

Core Viewpoint - Truist Securities projects a 13% compound annual growth rate (CAGR) in revenue for The Brink's Company (BCO) through 2030, alongside a 12% CAGR in total company free cash flow, driven by performance-based incentive compensation [2]. Group 1: Company Overview - The Brink's Company (NYSE:BCO) specializes in secure logistics, cash management, and surveillance services, providing advanced security solutions for businesses and financial institutions [5]. Group 2: Leadership Changes - The Brink's Company appointed Adrian Button as Executive Vice President and President of Brink's North America, effective immediately. Button brings over 30 years of international operations experience, including significant roles at General Electric and NCR Corporation [3]. Group 3: Operational Focus - Adrian Button's expertise is expected to enhance profit expansion and operational discipline in cash management, digital retail solutions, and ATM services, promoting operational efficiency and cost savings within Brink's North American operations [4]. Group 4: Financial Outlook - The Brink's Company is set to release its fourth-quarter and full-year 2025 financial results on February 26, 2026, indicating a commitment to transparency and investor engagement [4].

Core Insights - The Brink's Company has appointed Adrian Button as the executive vice president and president of Brink's North America, effective immediately, indicating a strategic leadership change aimed at enhancing operational performance and growth [1][5]. Leadership Experience - Adrian Button brings over 30 years of global operational leadership experience, having started his career at the Royal Mint in Cardiff, Wales, and spending nearly two decades at General Electric, where he managed multibillion-dollar P&Ls and led supply chain transformations [2]. - After GE, Button led the $2.6 billion Hardware Group at NCR Corporation and later served as Executive Vice President of Service and Product, overseeing a $5 billion P&L and a global team of over 25,000 employees, significantly improving delivery and customer experience metrics [3]. - Most recently, he was Senior Vice President of Operations at Carrier Corporation, where he managed a global operations organization across more than 400 factories and distribution centers, achieving significant cost savings and improving on-time delivery [4]. Strategic Vision - Mark Eubanks, president and CEO of Brink's, emphasized that Button's operational expertise will be crucial for advancing growth and profit expansion in North America, as well as enhancing operational discipline across the company [5]. - Adrian Button expressed his commitment to elevating operational excellence and strengthening customer value through Brink's AMS and DRS strategy, which he views as a clear path for future growth [5]. Company Overview - The Brink's Company is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, serving customers in over 100 countries through operations in 51 countries [6].

Core Insights - The Brink's Company has appointed Adrian Button as executive vice president and president of Brink's North America, effective immediately [1] - Adrian Button brings over 30 years of global operational leadership experience, having held senior roles at General Electric, NCR Corporation, and Carrier Corporation [2][3][4] - Button's leadership is expected to enhance operational excellence and customer value, aligning with Brink's growth and profit expansion strategy in North America [5] Company Overview - The Brink's Company is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, serving customers in over 100 countries [6] - The company's clientele includes financial institutions, retailers, government agencies, mints, jewelers, and other commercial operations [6]

Core Viewpoint - The Brink's Company will host a conference call on February 26, 2026, to discuss its fourth-quarter and full-year 2025 financial results, which will be released shortly before the call [1]. Group 1: Conference Call Details - The conference call is scheduled for February 26, 2026, at 4:30 p.m. (EDT) [1]. - Participants can access the call by dialing 888-349-0094 (U.S.) or 412-902-0124 (international) and are encouraged to join at least five minutes early [2]. - A live webcast of the call will be available at a specified URL [2]. Group 2: Replay Information - A replay of the conference call will be available until March 5, 2026, with specific numbers provided for U.S. and international listeners [3]. - The conference number for the replay is 7137236 [3]. - A webcast replay will also be accessible on the Brink's Investor Relations site [3]. Group 3: Company Overview - The Brink's Company is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services [4]. - The company serves a diverse customer base, including financial institutions, retailers, government agencies, mints, jewelers, and other commercial operations [4]. - Brink's operates in 51 countries and serves customers in over 100 countries [4].