Company: BCO
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000078890-25-000312
Chunk: 10

Company: BRINKS CO
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 10
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 activities. As such, they have not been allocated to segment or Corporate results.

Our CODM uses segment operating profit to evaluate the performance of each of our reportable segments, comparing profitability to expected results as well as to the other segments, ultimately guiding resource allocation decisions including investment, capital allocation and staffing to optimize overall company profitability.

We currently serve customers in more than 100 51

We manage our business in the following four

• North America - operations in the U. S. and Canada, including the Brink’s Global Services ("BGS") line of business,

• Latin America - operations in Latin American countries where we have an ownership interest, including the BGS line of business,

• Europe - predominantly operations in European countries that primarily provide services outside of the BGS line of business, and

• Rest of World - operations in the Middle East, Africa and Asia. This segment also includes total operations in European countries that primarily provide BGS services and BGS activity in Latin American countries where we do not have an ownership interest.

                                                Three Months Ended September 30, 2025                                                                          
  (In millions)                                 North America                                         Latin America      Europe      Rest of World      Total  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Revenues                                      $                                          434.8              326.8       353.1              220.3             
  Less:                                                                                                                                                        
  Cost of revenues:                                                                                                                                            
  Labor and fringe benefit costs (a)            151.8                                                         143.4       150.4               58.9             
  Other cost of revenues segment items (b)      171.6                                                          87.6       118.6               94.7             
  Total cost of revenues (a)                    323.4                                                         231.0       269.0              153.6             
  Selling, general, and administrative (a)      54.6                                                           29.9        37.9               18.9             
  Segment operating profit                      $                                           56.8               65.9        46.2               47.8      216.7  

                                                Three Months Ended September 30, 2024                                                                          
  (In millions)                                 North America                                         Latin America      Europe      Rest of World      Total  
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────