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Exhibit 99.1
Contact: Investor Relations
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804.289.9709
FOR IMMEDIATE RELEASE


Brink’s Reports Strong Fourth-Quarter Results
Sustainable Cost Realignment Drives Higher Margin Rate and Profit Growth
Global Cash Usage Remains Resilient; U.S. Cash Processing and Cash-in-Circulation up vs Pre-pandemic Levels
Management Expects Strong Revenue and Profit Growth in 2021

Highlights:
Revenue up 9%, continued organic recovery and acquisitions more than offset impact of pandemic
GAAP operating profit up 53%, non-GAAP up 26%
GAAP operating margin 11%, up 320 bps; non-GAAP 14.2%, up 180 bps
GAAP net income $25M, adjusted EBITDA $194M
GAAP EPS $.50; non-GAAP EPS $1.64, up 39%
Full-year GAAP net cash provided by operating activities $318M, free cash flow before dividends $206M


RICHMOND, Va., February 23, 2021
– The Brink’s Company (NYSE:BCO), the global leader in total cash management, route-based secure logistics and payment solutions, today announced fourth-quarter and full-year results.
(In millions, except for per share amounts)Fourth-Quarter 2020 (vs. 2019)
GAAPChangeNon-GAAPChange
Constant Currency Change(b)
Revenue$1,022 9%$1,022 9%13%
Operating Profit$112 53%$145 26%29%
Operating Margin11.0 %320 bps14.2 %180 bps170 bps
Net Income / Adjusted EBITDA(a)
$25 fav$194 25%28%
EPS$0.50 fav$1.64 39%44%
(In millions, except for per share amounts)Full Year 2020 (vs. 2019)
GAAPChangeNon-GAAPChange
Constant Currency Change(b)
Revenue$3,691 —%$3,691 —%7%
Operating Profit$214 (10%)$381 (3%)13%
Operating Margin5.8 %(60 bps)10.3 %(30 bps)70 bps
Net Income / Adjusted EBITDA(a)
$16 (45%)$566 —%12%
EPS$0.33 (40%)$3.76 (3%)18%
(a)The non-GAAP financial metric, adjusted EBITDA, is presented with its corresponding GAAP metric, net income attributable to Brink's.
(b)Constant currency represents 2020 results at 2019 exchange rates.




The following information was filed by Brinks Co (BCO) on Tuesday, February 23, 2021 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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