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The Brink's Company (NYSE:BCO) is a leading global security services provider based in Richmond, Virginia. Its operations, outside of the USA are primarily located in Europe, the Middle East, and Africa (EMEA), Latin America and Asia Pacific. Combined, Brink’s has 492 branches operating in 37 countries . From a corporate standpoint the business is broken down into two wholly-owned subsidiaries: Brink's Inc. and Brink's Home Security which together comprise a total of 57,000 employees. Brink's Inc. provides armored car transportation, ATM servicing, currency and coin processing, and other related services to both commercial and governmental agencies around the world.
Brink's Home Security (BHS), on the other hand, is the second-largest provider of security systems for residential and commercial properties. The primary consumers are residents of a single-family home and this group makes up more than 90% of BHS's customer base. In recent years, Brink's has transitioned from a conglomerate with stakes in the natural resources industry into a focused firm that has its resources dedicated solely to the security industry .
During the 2007 fiscal year, revenues exceeded $3 billion and total profit amounted to 337.5 Over the past few years, Brink's has seen a significant increase in their revenue stream from overseas, accounting for 68% of their total revenues this past fiscal year million.
Brink's Inc., as the oldest and most extensive security service provider in the world, has an extensive and complex infrastructure and logistical network that is made up of 1,100 vehicles and 800 facilities. This unit has seen continued revenue and profit growth over the four years as evidenced below: center
Moving forward, growth in this subsidiary will occur through internal actions taken by management supplemented by strategic acquisitions that are aimed at expanding Brink's reach into both existing and emerging markets around the world. Moreover, Brink's has