Brink's Co. Outlook Revised To Positive From Stable - S&P Global Ratings’ Credit Research

Brink's Co. Outlook Revised To Positive From Stable

Brink's Co. Outlook Revised To Positive From Stable - S&P Global Ratings’ Credit Research
Brink's Co. Outlook Revised To Positive From Stable
Published Jun 01, 2005
Published Jun 01, 2005
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Abstract:

NEW YORK (Standard&Poor's) June 1, 2005--Standard&Poor's Ratings Services today revised the outlook on its ratings on The Brink's Co. (BBB/Positive/--) to positive from stable. The 'BBB' corporate credit rating and other ratings on the company were affirmed. The outlook change reflects an ongoing trend of improved earnings and cash generation that could lead to an upgrade if sustained. The Richmond, Va.-based company has about $669 million of lease-adjusted debt. "Standard&Poor's believes that Brink's will continue to generate improved results over the near to intermediate term, which should enable the company to further strengthen its credit profile," said Standard&Poor's credit analyst Lisa Jenkins. Management has stated that it is committed to reducing financial

  
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MLA:
S&P Global Ratings’ Credit Research. "Brink's Co. Outlook Revised To Positive From Stable" Jun 01, 2005. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Brink-s-Co-Outlook-Revised-To-Positive-From-Stable-443052>
  
APA:
S&P Global Ratings’ Credit Research. (). Brink's Co. Outlook Revised To Positive From Stable Jun 01, 2005. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Brink-s-Co-Outlook-Revised-To-Positive-From-Stable-443052>
  
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