The Brink's Company (NYSE:BCO) Q1 2022 Earnings Conference Call May 10, 2022 8:30 AM ET

Company Participants

Ed Cunningham – Vice President-Investor Relations and Corporate Communications

Doug Pertz – Executive Chairman, President and Chief Executive Officer

Mark Eubanks – President and Chief Executive Officer

Ron Domanico – Chief Financial Officer

Conference Call Participants

Tobey Sommer – Truist Securities

George Tong – Goldman Sachs

Operator

Hello, and welcome to The Brink's Company's First Quarter 2022 Earnings Call. Brink's issued a press release on first quarter results this morning. The company also filed an 8-K that includes the release and the slides that will be used in today's call. For those of you listening by phone, the release and slides are available in the Investor Relations section of the company's website brinks.com. [Operator Instructions]

Now for the company's Safe Harbor statement. This call and the Q&A Session will contain forward-looking statements. Actual results could differ materially from projected or estimated results. Information regarding factors that could cause such differences is available in today's press release and in the company's most recent SEC filings. Information presented and discussed on this call is representative as of today only. Brink's assumes no obligation to update any forward-looking statements. The call is copyrighted and may not be used without written permission from Brink's.

It is now my pleasure to introduce your host, Ed Cunningham, Vice President of Investor Relations and Corporate Communications. Mr. Cunningham, you may begin.

Ed Cunningham

Thanks, Keith. And good morning, everyone.

Joining us today are Executive Chairman, Doug Pertz; CEO, Mark Eubanks; and our CFO, Ron Domanico.

This morning we reported first quarter results on both the GAAP and non-GAAP basis. The non-GAAP results exclude a number of items, including the impact of Argentina’s highly inflationary accounting, reorganization and restructuring costs, items related to acquisitions and dispositions, valuation allowances on tax credits and changes in certain allowance estimates. We’re also providing our results on a constant currency basis which eliminates changes in foreign currency exchange rates from the prior year. We believe the non-GAAP results make it easier for investors to assess operating performance between periods. Accordingly, our comments today will focus primarily on the non-GAAP results. Reconciliations are provided in the press release and the appendix to the slides we're using today, and in this morning's 8-K filing, all of which can be found on our website.

I'll now turn the call over to Doug Pertz.