The Brink’s Company, based in Richmond, Virginia, is a Fortune 500® global business and security services company with 2004 revenues of $4.7 billion, 54,000 employees worldwide and operations in over 130 countries.
Brink’s, Incorporated is a leading provider of armored car transportation, ATM servicing, currency and coin processing and other value-added services to banks, retailers and other commercial and governmental agencies across the world.
Brink’s Home Security is the second-largest provider of monitored security services for residential and commercial properties in North America and a recognized leader in service quality.
BAX Global is one of the world’s leading supply chain management and transportation solutions companies offering multi-modal logistics management for business-to-business shippers.
Three Businesses, One Approach
The Brink’s Company operates three leading business and security services businesses, each in a different market segment. Yet the Company uses a common approach in managing its businesses that focuses on quality service, strong brands, risk management and a patient and disciplined approach to the marketplace. This approach allows Brink’s, Incorporated, Brink’s Home Security and BAX Global to strive to be the premium providers of services and solutions, while producing solid financial results and creating long-term value for shareholders.
The business mix for the Company in 2004 reflected balanced contributions from each line of business. About half of 2004 revenues came from business services (BAX Global) and half from security services (the two Brink’s businesses). Importantly, BAX Global’s improved performance allowed it to generate about 20% of total operating profit for the year, up from just 2% of operating profit in 2003. Meanwhile, Brink’s, Incorporated accounted for over half of total operating profit in 2004. Reflecting its best-in-class operations, Brink’s Home Security produced more than one-fourth of total operating profit, despite contributing the smallest percentage of revenue.
Celebrating 75 Years on The New York Stock Exchange
The Brink’s Company was listed on The New York Stock Exchange in 1930, and in 2005, the Company marked 75 years as a public corporation, a notable achievement in today’s challenging business world.
During that time, the Company and its operations have undergone many changes. What began as a coal company in the 1830s has diversified and grown into a Fortune 500Æ global leader in business and security services. The ability to not only survive but thrive is a testament to the vision and hard work of the thousands of men and women who have been a part of The Brink’s Company’s success. We celebrate their contributions and the strong foundation they laid for future growth and prosperity.
