The Brink’s Company (NYSE:BCO) Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET

Company Participants

Jesse Jenkins - Vice President of Investor Relations
Mark Eubanks - CEO
Kurt McMaken - CFO

Conference Call Participants

George Tong - Goldman Sachs
Jack Wilson - Truist Securities

Operator

Hello and welcome to the Brink’s Company First Quarter 2024 Earnings Call. This morning, Brink’s issued a press release detailing its first quarter 2024 results. The company also filed an 8-K that includes the release and the slides that will be used in today’s call. The release and slides are available in the Investor Relations section of the company’s website at investors.brinks.com. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the presentation. As a reminder, this conference is being recorded and will be available for replay.

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 are available in the footnotes of today’s press release and in the company’s most recent SEC filings. Information presented and discussed on this call is representative 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.

I will now turn it over to your host, Jesse Jenkins, Vice President of Investor Relations. Mr. Jenkins, you may begin.

Jesse Jenkins

Thanks and good morning. Joining me today are CEO, Mark Eubanks; and CFO, Kurt McMaken. This morning, Brink’s reported first quarter 2024 results on a GAAP, non-GAAP and constant-currency basis. Most of our comments today will be focused on our non-GAAP results because we believe these results make it easier for investors to assess operating performance between periods. Reconciliations of non-GAAP results to their most comparable GAAP results are provided in the press release, the appendix of the presentation and in this morning’s 8-K filing.

I will now turn the call over to Brink’s CEO, Mark Eubanks.

Mark Eubanks

Thanks, Jesse. Good morning. Thanks for joining us. I’d like to start the call by thanking and congratulating our more than 68,000 Brink’s team members around the world for their efforts to deliver a strong start to 2024. Beyond the strong Q1 financial results, we made significant progress on our strategic initiatives in the four key areas of customer loyalty, innovation, operational excellence, and people and talent. This progress includes balancing both the long-term investments as well as delivering on our short-term commitments.