Brink(US:BCO) Globenewswire·2026-02-26 21:06Core 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]