Edition:
India

Brinks Reports Qtrly Revenue Of $879 Mln, Up 12 Pct


Wednesday, 25 Apr 2018 

April 25 (Reuters) - Brinks Co ::BRINK'S REPORTS FIRST-QUARTER RESULTS.BRINKS CO QTRLY GAAP EPS $0.42 .BRINK'S AFFIRMED ITS 2018 NON-GAAP GUIDANCE.BRINKS CO QTRLY NON-GAAP EPS $0.65 .QTRLY REVENUE $879 MILLION , UP 12%."EXPECT INCREASED PROFIT GROWTH IN SECOND HALF FROM NORMAL SEASONALITY AND ADDITION OF RODOBAN ACQUISITION IN BRAZIL".EXPECT TO INVEST APPROXIMATELY $800 MILLION IN NEW ACQUISITIONS BETWEEN NOW AND END OF 2019.Q1 EARNINGS PER SHARE VIEW $0.63, REVENUE VIEW $785.0 MILLION -- THOMSON REUTERS I/B/E/S.QTRLY GAAP REVENUE $ 879 MILLION VERSUS. $788 MILLION REPORTED LAST YEAR.SEES 2018 GAAP REVENUES $3,476 MILLION.SEES 2018 NON-GAAP REVENUES OF $3,450 MILLION.SEES 2018 GAAP EPS FROM CONTINUING OPERATIONS ATTRIBUTABLE TO BRINK'S $2.40-$2.60.SEES 2018 NON-GAAP EPS FROM CONTINUING OPERATIONS ATTRIBUTABLE TO BRINK'S BETWEEN $3.65 – $3.85.FOR 2019, BRINK'S CONTINUES TO TARGET $625 MILLION OF ADJUSTED EBITDA.BRINKS - 2018 GUIDANCE & 2019 ADJUSTED EBITDA ASSUME ANNUAL ORGANIC REVENUE GROWTH OF ABOUT 5%, CONTRIBUTIONS FROM 6 ACQUISITIONS CLOSED IN 2017, FROM RODOBAN. 

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