Tag: digital retail solutions (DRS)
Brink's earnings fluctuate on volatility
November 7, 2024Ken Showers, Managing Editor
RICHMOND, Va. — The Brink’s Company managed double-digit organic growth in the third quarter of 2024 despite global market fluctuations.
Most impressive among the company’s quarterly achievements was the 26% organic growth for digital retail solutions (DRS) and ATM managed services (AMS) in every regional segment, ahead of its expectations.
Overall, however, the company’s quarter fell short of its initial expectations, something CEO Mark Eubanks attributed...
A strong Q2 for Brinks, led by strategic objectives
August 13, 2024Ken Showers, Managing Editor
RICHMOND, Va. — The Brink’s Company posted an impressive second quarter for 2024 thanks to growth in its ATM managed services (AMS) and digital retail solutions (DRS), as well as continued margin expansion in North America.
Brinks saw record revenue growth of 3% in the second quarter and organic revenue growth of 14%, including accelerating organic growth of 26% for AMS/DRS, and margin increase of 360 basis points.
“We continue to make meaningful progress executing...