Is This Brink’s Company’s Response To Activist Jeff Smith?

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48  Argentina and Brazil organic growth primarily inflation driven  Asia and Payments growth driven primarily by volumes Note: See reconciliation to GAAP results in Appendix Top Line Growth Challenged by Currency Headwinds Non-GAAP Revenue Bridge – 2012 to 2015 ($MM) PaymentsLargest 5 Markets Global Markets $3,235 $3,620 185 125 75 (620) ~$3,000 2012 2015 Estimate before currency & acquisition impact 2015 Estimate Organic Growth Currency & Acquisitions $90 Brazil 30 U.S. 10 Canada 5 Mexico (10) France $135 Latin America (Argentina) 40 Asia 10 EMEA $(340) Largest 5 Markets (270) Global Markets (40) Payments 30 Acquisitions
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