Edition:
United Kingdom

Brinks Co says expects acquisitions totaling $400 mln per year in 2018 and 2019​


Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Brinks Co -:Brinks Co - ‍management provides initial 2018 EBITDA target of $500 to $525 million, updates 2017 guidance​.Brinks Co qtrly ‍non-GAAP EPS $0.83​.Brinks Co - ‍management expects additional acquisitions totaling $400 million per year in 2018 and 2019​.Brinks Co - qtrly GAAP revenue $‍850​ million versus. $756 million last year.Brinks Co - qtrly ‍GAAP EPS $0.38​.Brinks Co - ‍2017 non-GAAP guidance has been updated to reflect changes in reporting and higher interest expense related to our new debt​.Brinks Co - ‍full-year operating profit is expected to be in a range between $280 million and $290 million​.Brinks Co - ‍full-year earnings are expected to be between $3.00 and $3.10 per share​.Brinks Co sees ‍2017 GAAP revenues $3,295 million ​.Brinks Co - qtrly non-GAAP revenue $828.7 million versus. $734.9 million last year.Brinks Co sees ‍2017 non-GAAP revenues $3,180 million ​.FY2017 earnings per share view $3.02, revenue view $3.19 billion -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.76, revenue view $819.2 million -- Thomson Reuters I/B/E/S.