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Brink's anticipates accounting change that will reduce revenue by about $100M and Adjusted EBITDA by up to $15M
BCOBrinks Co
The Brink's Company anticipates an accounting change regarding its Malaysia Business, which will result in the investment being accounted for under a method other than consolidation. This change is expected to reduce reported revenue by approximately $100 million and Adjusted EBITDA by approximately $10 million to $15 million over the next four quarters. The Brink's Company is a provider of secure logistics and secure transport services.