Brinks Co. (BCO) is a globally renowned-provider of secure logistics and security solutions including cash management, route-based logistics, payment solutions, ATM services, and cash-in-transit. The company's name is synonymous with secure transport, most recognized for its armored vehicles that collect and distribute large cash deposits. The company traces its roots back to 1859 when it was founded as Brink's City Express in Chicago by Perry Brink. However, it got its current name in 2003.
Brinks operates on almost every continent, serving customers in over 100 countries. The company's clients encompass a wide range of sectors, from financial institutions to retail businesses, other corporates, and government organs, offering them extensive security services that go beyond cash transport such as supply chain management, cash management, payment and ATM services.
The performance of Brinks is influenced by the needs of businesses and financial institutions to securely manage and move valuables, especially in an environment of increasing security threats. It is also influenced by the global transition towards a cashless society, which somewhat threatens its cash transit business. However, the company has been tactical in leveraging technology to evolve its business model and counter these challenges. For example, in cash management, it has made digital cash processing solutions that improve efficiency and reduce risk.
The company is also conscious about its corporate social responsibility. It has programs in place aimed at creating a positive impact and fostering change in society, such as offering vocational training and work opportunities for people with disabilities and implementing ecological strategies to minimize the environmental impact of its operations.
Brinks Co. is listed on the New York Stock Exchange (NYSE) under the ticker symbol "BCO". Its long-standing history, years of experience, and reputation for secure and reliable services provide it with a competitive edge in the securities and logistics industry. As of 2020, the company has managed to show strength and resilience even amid the global volatility and strives to live up to its tagline: "Trust isn't given. It's earned."