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Brink's Sees Negative Impact On Q1 Results Due To Reduction In Overall Demand

The Brink's Company (BCO) expects a reduction in overall demand, particularly in the retail segment, to have a negative impact on its first-quarter and full-year results.

The company also expects results to be affected by negative currency translation, as the U.S. dollar has recently strengthened against many currencies due to COVID-19 uncertainties.

The company believes it will emerge from this crisis in a strong position in 2021, despite the evolving dynamics of COVID-19 and the uncertainty of its impact on our results.

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