Brink's Company Reports 3.8% Revenue Growth to $1.3 Billion in Q2 2025

The Brink's Company reported a revenue increase of 3.8% for the second quarter of 2025, reaching $1.3 billion compared to $1.25 billion in the same period last year. For the first half of 2025, revenues totaled $2.55 billion, a 2.3% rise from $2.49 billion in the first half of 2024. The growth was attributed to organic increases across all segments, particularly in Latin America and North America, alongside a favorable impact from acquisitions. However, these gains were partially offset by adverse currency exchange effects, particularly from the Mexican and Argentine pesos.

Operating profit for the second quarter increased by 15% to $133.9 million, up from $116 million in the prior year, while the operating profit margin improved to 10.3% from 9.3%. The first half of 2025 saw operating profit rise to $253 million, compared to $236.9 million in the same period last year. The increase in operating profit was driven by organic growth and a depreciation adjustment that positively impacted earnings. However, higher costs related to acquisitions and unfavorable currency fluctuations negatively affected profitability.

In terms of strategic developments, Brink's continued to focus on its transformation initiatives aimed at enhancing operational efficiency and driving growth. The company reported a significant increase in capital expenditures, totaling $110.7 million in the first half of 2025, compared to $108.9 million in the same period last year. This investment was primarily directed towards cash devices and technology enhancements. Additionally, Brink's repurchased approximately 1.5 million shares for $130 million during the first half of 2025, as part of its ongoing share repurchase program.

Operationally, Brink's reported a slight decrease in employee headcount, with 41.8 million shares outstanding as of June 30, 2025, down from 44.6 million a year earlier. The company serves customers in over 100 countries, with significant operations in North America, Latin America, Europe, and the Rest of World segments. The company noted that its Argentine operations continue to face challenges due to the highly inflationary environment, which has necessitated adjustments in accounting practices.

Looking ahead, Brink's management expressed optimism about future growth, driven by ongoing investments in technology and operational improvements. The company anticipates continued revenue growth, although it remains cautious about potential economic headwinds, including inflation and currency volatility. The effective tax rate for the first half of 2025 was reported at 29.7%, slightly lower than the previous year's rate of 32.1%, reflecting the geographical mix of earnings and other factors.