The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: George Tong - Goldman Sachs - Analyst
: Your cash and valuable management business grew 7% in the quarter. Can you deconstruct trends you're seeing from a price and volume perspective?
Question: George Tong - Goldman Sachs - Analyst
: Got it. That's helpful. And then you're accelerating investments to improve margins in North America, can you outline the op opportunity you see
there how much in investments you're making and if you think the opportunity to close the GAAP of margins in North America is greater than the
international margin opportunity?
Question: George Tong - Goldman Sachs - Analyst
: Got it, that's helpful thank you.
Question: Sam Kusswurm - William Blair - Analyst
: Hey Mark, hey Kurt, thanks for taking our questions here.
Question: Sam Kusswurm - William Blair - Analyst
: I guess to start, your guys assuming mid single digital organic growth for 2025, and I think he also shared Mid to High Teens organic growth for
AMS GRS business. I think you touched on this a bit briefly in the pair of remarks, but can you also break down for us your assumptions for the CIT
and BGS businesses?
Question: Sam Kusswurm - William Blair - Analyst
: Yeah, just organic growth assumptions.
Question: Sam Kusswurm - William Blair - Analyst
: Got it. That didn't help.
Question: Sam Kusswurm - William Blair - Analyst
: Got it. Awesome. And then you also finished the year with AMS CRS organic growth of 23%, I think for the year as well. So, moving that business
towards Mid to High Teens growth, is that more about the comps that you're going to have to deal with or moving towards a more normalized
growth rate? Just trying to understand that a bit better.
Question: Sam Kusswurm - William Blair - Analyst
: Got it. That's helpful color there. Thanks. If I could squeeze one more and then I just want to ask about these FX headwinds as it relates to your free
cash flow and ability to deploy that free cash flow towards areas like share repurchases. So to put it simply, to what extent do these headwinds
impact your ability to generate and deploy free cash flow in 2025, particularly as it relates to share purchases?
Question: Sam Kusswurm - William Blair - Analyst
: Got it. I appreciate that thank you.
Question: Toby Sommer - Truist securities - Analyst
: Good morning. It's Tyler Baron for Toby. Hi, good morning. How much of the growth, he, how much of the growth, in A MSDRS came from legacy
conversions versus new business wins?
Question: Toby Sommer - Truist securities - Analyst
: Got it. Just depending on tariffs, can you talk about the impact that would have seen gold prices rise, which can be a positive, but maybe just talk
about the impact of some other economies around the world slow down maybe slightly from tariffs, how that would impact.
Question: Toby Sommer - Truist securities - Analyst
: Got it. And then just one final one, there's been some reports of any being discontinued, would that have any meaningful impact on your business?
REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us
consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies.
FEBRUARY 26, 2025 / 2:00PM, BCO.N - Q4 2024 Brinks Co Earnings Call
Question: Toby Sommer - Truist securities - Analyst
: Thank you.
| 
