Slide 1: The Brink's Company Management Presentation
The Brink’s Company EXHIBIT 99.1 March 2010 The Brink’s Company Management Presentation
Slide 2: Forward-looking Statements
Forward-looking Statements This presentation, including questions and answers, may contain both historical and forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from projected results. Additional information
Slide 3: Agenda
Agenda Joseph W. Dziedzic Vice President & Chief Financial Officer Edward A. Cunningham Director of Investor Relations & Corporate Communications n Introduction n Brink’s Business Overview n Financial Highlights n Summary
Slide 4: The Brink's Company Investment Rationale
The Brink’s Company ¢ Industry leader ¢ Premier brand ¢ Operational excellence ¢ Global footprint ¢ Growth strategy ¢ Proven financial performance Investment Rationale
Slide 5: Brink's Company Overview
Brink’s Company Overview World’s premier security company ¢ Founded in 1859, Brink’s is the oldest and largest secure logistics company ¢ Approximately 59,000 employees, 805 branches and 10,500 vehicles worldwide ¢ Diversified operations with adjusted revenue of $2.9 billion in 2009 (1) (1) Adjusted
Slide 6: Premier Brand
Premier Brand ¢ Globally recognized brand ¢ Value built on: – Trust and integrity – Quality of our people – Safety and security – Operational excellence – History and heritage – Global network ¢ 150th Anniversary in 2009
Slide 7: Proven Operational Excellence
Proven Operational Excellence ¢ Demonstrated global expertise – Security – Risk management – Logistics – Pricing discipline – Human resource management – IT capabilities
Slide 8: Global Leader in Secure Logistics Leading Share in Fragmented Market
Global Leader in Secure Logistics Leading Share in Fragmented Market Brink’s Loomis G4S Others Prosegur Global Market Share Total $14 Billion Source: Internal Company Estimates based on most recently available data
Slide 9: Business Lines
Business Lines 2009 Adjusted Revenue = $2.9B (1) ¢ Armored car transport ¢ Point-to-point pick-up and delivery of cash, coins, checks and other valuables ¢ ATM services ¢ Infrastructure for High-Value Services Cash-in-Transit $1.6 Billion (1) High-Value Services ¢ Global Services – Secure long-dista
Slide 10: Global Footprint
Global Footprint North America Asia Pacific Latin America Europe, Middle East, Africa Approximately 805 branches serving more than 50 countries plus 66 additional countries served by Global Services Canada 52 Branches United States 181 Branches EMEA 258 Branches 22 Countries Asia Pacific 97 Branches
Slide 11: Global Footprint 2009 Brink's Adjusted Revenue and Segment Operating Profit
Global Footprint 2009 Brink’s Adjusted Revenue and Segment Operating Profit Revenue (1) Segment Operating Profit (1) Total: $2.9 billion International Total: $175 million North America EMEA Latin America North America Asia Pacific (1) Adjusted financial information is reconciled to amounts reported
Slide 12: How We Manage The Company
How We Manage The Company ¢ Invest to protect employees and customer assets… regardless of economy ¢ Global strategy… local execution… adapted to each market ¢ Disciplined investment and execution… learn… accelerate ¢ Capital allocation – Maximize mature markets – Invest in emerging markets
Slide 13: Financial Strength & Flexibility
Financial Strength & Flexibility (millions) Cash $143 Debt (196) Net cash/(debt) (1) ($ 53) (millions) 2010 2011 2012 2013 2014 – Required pension contributions $0 0 28 38 $31 – UMWA (funded by VEBA) No cash outflow expected until 2026 ¢ $53 million net debt ¢ Over $330 million available borrowing c
Slide 14: Growth Strategy
Growth Strategy ¢ Existing markets – Invest in higher-margin “solutions” and services – Cash Logistics, CompuSafe ® Service, Global Services – Expand in emerging, higher-growth markets… BRIC, Latin America, Asia-Pacific, Africa – Maximize profits in mature markets ¢ Adjacencies – Commercial Security
Slide 15: Growth Strategy: Adjusted Revenue by Market
Growth Strategy High-Value Services Security Services CIT Developed Emerging (1) Adjusted financial information is reconciled to amounts reported under U.S. GAAP on page 28. Adjusted Revenue by Market (2) Invest in High-Value Services and Emerging Markets… Shift the mix (2) Adjusted financial inform
Slide 16: Leader in Business Segments: CompuSafe Service
Leader in Business Segments CompuSafe ® Service Leader in Business Segments CompuSafe ® Service ¢ CompuSafe ® Service gaining traction ¢ ~30% growth in 2010
Slide 17: Recent Actions
Recent Actions ¢ Venezuela cash repatriation… executing our strategy (December 2009) ¢ U.S. pension contribution of $150 million (August 2009) ¢ 2009 acquisitions in emerging markets… Brazil, Russia, India, China ¢ Resource allocation and management upgrades… focus on EMEA
Slide 18: Financial Performance Adjusted Revenue Growth
Financial Performance Adjusted Revenue Growth Adjusted Revenue (1) ($MM) (1) Adjusted financial information is reconciled to amounts reported under U.S. GAAP on pages 25, 26 & 27.
Slide 19: Financial Performance Adjusted Profit Growth
Financial Performance Adjusted Profit Growth Segment 113 172 196 223 175 Non-Segment (82) (73) (62) (43) (38) Total 31 99 134 180 137 Total Adjusted Operating Profit (1) ($MM ) (1) Adjusted financial information is reconciled to amounts reported under U.S. GAAP on pages 25, 26 & 27.
Slide 20: Financial Performance Execution Creates Value
Financial Performance Execution Creates Value ($) (1) $100 invested on December 31, 2001 in stock or index. Includes reinvestment of dividends. Cumulative Stock Total Return (1)
Slide 21: Financial Performance: 2009 Highlights and 2010 Outlook
Financial Performance ¢ Global economic weakness – Significant volume pressures – Steep decline in Diamond & Jewelry market – Customers in financial distress ¢ Key actions taken – Venezuela… executing our strategy – Pension funding addressed – EMEA Restructuring/severance ¢ Growth focus – BRIC acqui
Slide 22: Summary
Summary Investment Rationale ¢ Industry leader ¢ Premier brand ¢ Operational excellence ¢ Global footprint ¢ Strategy for growth ¢ Proven financial performance
Slide 23: IBRINKS
ee IBRINKS
Slide 24: Appendix
Appendix
Slide 25: Adjusted Results - Reconciled to Amounts Reported under GAAP
Adjusted Results - Reconciled to Amounts Reported under GAAP Years Ended December 31, (In millions) 2009 2008 2007 2006 2005 Revenues $ (238) (173) (119) (39) (26) Operating profit (43) (49) (27) (12) (7) Purpose of Adjusted Information Adjusted results described in this filing are financial measure
Slide 26: Adjusted Results - Reconciled to Amounts Reported under GAAP (Cont.)
Adjusted Results - Reconciled to Amounts Reported under GAAP (Cont.) See page 25 for explanation of footnotes Reconciliation Amounts may not add due to rounding
Slide 27: Adjusted Results - Reconciled to Amounts Reported under GAAP (Cont.)
Adjusted Results - Reconciled to Amounts Reported under GAAP (Cont.) (In millions) 2009 2008 2007 2006 2005 Non-Segment Reported GAAP Basis $ (47) (43) (62) (73) (82) Adjustments: Change to Parallel Rate (a) - - - - - Venezuela Currency Loss (b) 23 - - - - India Acquisition Gain (c) (14) - - - - Adj
Slide 28: Adjusted Results - Reconciled to Amounts Reported under GAAP (Cont.)
Adjusted Results - Reconciled to Amounts Reported under GAAP (Cont.) See page 25 for explanation of footnotes