Brink's Anticipates Accounting Change for Malaysia Business
MT Newswires Live
Jul 27
Brink's (BCO) Malaysia business will no longer be consolidated in its financial statements following a change in its involvement in the operations, the company said in a late Friday filing.
The change is expected to reduce reported revenue by about $100 million and adjusted earnings before interest, taxes, depreciation and amortization by about $10 million to $15 million over the next four quarters, the company said.
Brink's said it does not expect the accounting change to affect its full-year 2026 organic revenue growth or adjusted EBITDA margin expansion framework.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.