Brink's Announces Fourth-Quarter and Full-Year 2023 Results
2023 Revenue Growth of 7% with 9% Organic Growth including 21% Growth in AMS and DRS Record Full-Year 2023 Net Cash from Operations of $702M and Free Cash Flow of $393M Reduced Leverage to 2.9x Net Debt to Adjusted EBITDA, within Target Leverage Range of 2x-3x Management Expects Mid-Single Digit Revenue Growth and Strong EBITDA Margin Expansion in 2024 Q4 2023 Highlights: Revenue up 5%, reflecting 9% organic growthOperating profit: GAAP $102M; non-GAAP $190MOperating profit margin: GAAP 8.2%; no
Source: yahoo.com