Brinks (BCO) risk factors, FY2025 10-K

Business Risks

1. 01Our strategy may not be successful33% rewritten
2. 02We operate in highly competitive industries
3. 03Decreased use of cash could have a negative impact on our business32% rewritten
4. 04We may not be successful in pursuing strategic investments or acquisitions or realize the expected benefits of those transactions because of integration difficulties and other challenges
5. 05We have certain environmental and other exposures related to our former coal operations
6. 06We may be exposed to certain regulatory and financial risks related to climate change

Operational Risks

1. 07We have significant operations outside the United States
2. 08We operate in regulated industries, and our failure to comply with the laws regulating our operations, and the costs we may incur to comply, could have a material adverse effect on our business, financial condition, results of operations and cash flows
3. 09We face risks related to our settlement agreements with the U.S. Department of Justice (“DOJ”) and FinCEN, including additional monetary penalties if we fail to comply with the terms of the settlement agreements and costs and burdens associated with our compliance undertakings
4. 10We may be unable to achieve, or may be delayed in achieving, our initiatives to drive efficiency in controlling costs and managing cash flows
5. 11Labor shortages and increased labor costs could have a material adverse effect on our operations

Financial Risks

1. 12We have significant retirement obligations. Poor investment performance of retirement plan holdings and/or lower interest rates used to discount the obligations could unfavorably affect our liquidity and results of operations24% rewritten
2. 13We have significant deferred tax assets in the United States that may not be realized
3. 14Our effective income tax rate could change
4. 15It is possible that our restructuring plans may not achieve their intended results and that we will incur restructuring charges in the future
5. 16Our inability to access capital or significant increases in our cost of capital could adversely affect our business
6. 17We are subject to covenants for our credit facilities and our unsecured notes
7. 18Our earnings and cash flow could be materially affected by increased losses of customer valuables

Cybersecurity and Information Technology Risks

1. 19Risks associated with cybersecurity and information technology can expose Brink’s to business disruptions, cybersecurity breaches and regulatory violations

Risks Related to the Company’s Securities

1. 20We cannot guarantee that we will repurchase our common stock pursuant to our share repurchase program or that our share repurchase program will enhance long-term shareholder value. Share repurchases could also increase the volatility of the price of our common stock and could diminish our cash reserves100% rewritten
2. 21On November 2, 2023, the Board authorized a share repurchase program that expired on December 31, 2025. Under this program, we were authorized to repurchase shares of common stock for an aggregate purchase price not to exceed $500 million, excluding fees, commissions and other ancillary expenses

General Risks

1. 22The Company could be negatively affected as a result of the actions of activist or hostile shareholders
2. 23Negative public perception of our reputation or brand could lead to a loss of revenues or profitability47% rewritten
3. 24Our business success depends on retaining our leadership team and attracting and retaining qualified personnel
4. 25Forward-Looking Statements42% rewritten