8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): March 17, 2010

THE BRINK’S COMPANY

(Exact name of registrant as specified in its charter)

Virginia	001-09148	54-1317776
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1801 Bayberry Court

P. O. Box 18100

Richmond, VA 23226-8100

(Address and zip code of

principal executive offices)

Registrant’s telephone number, including area code: (804) 289-9600

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

[    ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[    ]	Soliciting materials pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[    ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[    ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01.                      Regulation FD Disclosure.

On March 17, 2010, The Brink’s Company updated the slides that it uses for meetings with investors and analysts.  A copy of the updated slides is furnished as Exhibit 99.1 hereto, and is incorporated herein by reference.

Item 9.01.                      Financial Statements and Exhibits.

(d)           Exhibits

99.1           Updated slide presentation of The Brink’s Company.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	THE BRINK’S COMPANY (Registrant)
Date: March 17, 2010	By:	/s/ Joseph W. Dziedzic
		Joseph W. Dziedzic
		Vice President and Chief Financial Officer

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EXHIBIT INDEX

EXHIBIT                                                    DESCRIPTION

99.1 Updated slide presentation of The Brink’s Company.

4

EX-99.1

The Brink’s Company

March 2010

The Brink’s Company
Management Presentation

EXHIBIT 99.1

The Brink's Company

2

Forward-looking Statements

This presentation, including questions and answers, may contain both historical
and forward-looking information within the meaning of the Private Securities
Litigation Reform Act of 1995.Actual results could differ materially from
projected results.Additional information regarding factors that could affect
financial performance is readily available in our press release dated February 2,
2010 and in our filings with the Securities and Exchange Commission, including
our most recent forms 10-K and 10-Q.Information included in this presentation
is representative as of the date of the presentation only and The Brink’s
Company assumes no obligation to update any forward-looking statements
made.

The Brink's Company

3

Agenda

Joseph W. Dziedzic

Vice President &

Chief Financial
Officer

Edward A. Cunningham

Director of Investor Relations &

Corporate Communications

nIntroduction

nBrink’s Business Overview

nFinancial Highlights

nSummary

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The Brink’s Company

¢Industry leader

¢Premier brand

¢Operational excellence

¢Global footprint

¢Growth strategy

¢Proven financial performance

Investment Rationale

The Brink's Company

4

5

Brink’s Company Overview

World’s premier security company

¢Founded in 1859, Brink’s is
the oldest and largest secure
logistics company

¢Approximately 59,000 employees,
805branches and 10,500 vehicles
worldwide

¢Diversified operations with adjusted
revenue of $2.9 billion in 2009 (1)

5

The Brink's Company

(1) Adjusted financial information is reconciled to amounts reported under U.S. GAAP on pages 25, 26 &
27.

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Premier Brand

¢Globally recognized brand

¢Value built on:

–Trust and integrity

–Quality of our people

–Safety and security

–Operational excellence

–History and heritage

–Global network

¢150th Anniversary in 2009

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The Brink's Company

Proven Operational Excellence

¢Demonstrated global expertise

–Security

–Risk management

–Logistics

–Pricing discipline

–Human resource management

–IT capabilities

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The Brink's Company

Global Leader in Secure Logistics

Brink’s

Loomis

G4S

Others

Prosegur

Global Market Share

Total $14 Billion

Source:Internal Company Estimates based on most recently available data

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The Brink's Company

Leading Share in Fragmented Market

2009 Adjusted Revenue = $2.9B (1)

Business Lines

The Brink's Company

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¢Armored car transport

¢Point-to-point pick-up and delivery of
cash, coins, checks and other
valuables

¢ATM services

¢Infrastructure for
High-Value Services

Cash-in-Transit

$1.6 Billion (1)

High-Value Services

¢Global Services

–Secure long-distance transport of
valuables

¢Cash Logistics Services

–Money processing

–Virtual vaulting

–CompuSafe® Service

¢New Services

–Payment Services

$0.9 Billion (1)

Security Services

$0.4 Billion (1)

¢High-value niche guarding services in
select E.U. countries

¢Airports, embassies

High-Value
Services

CIT

Security
Services

(1)Adjusted financial information is reconciled to amounts reported under U.S. GAAP on page 28.

Global Footprint

North America

Asia Pacific

Latin America

Europe, Middle East, Africa

Approximately 805 branches serving more than 50 countries plus 66
additional countries served by Global Services

Canada

52 Branches

United States

181 Branches

EMEA

258 Branches
22 Countries

Asia Pacific

97 Branches
9 Countries

Latin America

217 Branches

9 Countries

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The Brink's Company

Global Footprint
2009 Brink’s Adjusted Revenue and Segment Operating Profit

Revenue (1)

Segment Operating Profit (1)

Total: $2.9 billion

International

Total: $175 million

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The Brink's Company

North America

EMEA

Latin America

North America

Asia Pacific

(1)Adjusted financial information is reconciled to amounts reported under U.S. GAAP on pages 25, 26 & 27.

How We Manage The Company

¢Invest to protect employees and customer assets… regardless of
economy

¢Global strategy… local execution… adapted to each market

¢Disciplined investment and execution… learn… accelerate

¢Capital allocation

–Maximize mature markets

–Invest in emerging markets

The Brink's Company

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Financial Strength & Flexibility

¢$53 million net debt

¢Over $330 million available borrowing capacity

The Brink's Company

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(millions)
Cash	$143
Debt	(196)
Net cash/(debt)(1)	($ 53)

December 31, 2009

¢Investment grade credit rating

¢Pension/Legacy liabilities… Cash Outflows

(1)See Non-GAAP reconciliation on page 19 of the Fourth-Quarter earnings release dated February 2, 2010.

(millions)	2010	2011	2012	2013	2014
–Required pension contributions	$0	0	28	38	$31
–UMWA (funded by VEBA)	No cash outflow expected until 2026

Growth Strategy

¢Existing markets

–Invest in higher-margin “solutions” and services

–Cash Logistics, CompuSafe® Service, Global Services

–Expand in emerging, higher-growth markets… BRIC, Latin America,
Asia-Pacific, Africa

–Maximize profits in mature markets

¢Adjacencies

–Commercial Security, Payment Processing

¢Acquisitions in high-growth markets and adjacencies

–Maintain disciplined approach

–Market knowledge important

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The Brink's Company

15

The Brink's Company

High-Value
Services

Security
Services

CIT

Developed

Emerging

(1)Adjusted financial information is reconciled to amounts reported under U.S. GAAP on page 28.

Growth Strategy

Adjusted Revenue by Market(2)

Invest in High-Value Services and Emerging Markets… Shift the mix

(2)Adjusted financial information is reconciled to amounts reported under U.S. GAAP on pages 25, 26 & 27.

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Leader in Business SegmentsCompuSafe® Service

Leader in Business SegmentsCompuSafe® Service

¢CompuSafe® Servicegaining traction

¢~30% growth in 2010

The Brink's Company

Recent Actions

¢Venezuela cash repatriation… executing our strategy (December 2009)

¢U.S. pension contribution of $150 million (August 2009)

¢2009 acquisitions in emerging markets… Brazil, Russia, India, China

¢Resource allocation and management upgrades… focus on EMEA

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The Brink's Company

Adjusted Revenue (1)

($MM)

Financial Performance
Adjusted Revenue Growth

18

The Brink's Company

(1) Adjusted financial information is reconciled to amounts reported under U.S. GAAP on pages 25, 26 &
27.

Total Adjusted Operating Profit (1)

($MM
)

Financial Performance
Adjusted Profit Growth

Segment	113	172	196	223	175
Non-Segment	(82)	(73)	(62)	(43)	(38)
Total	31	99	134	180	137

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The Brink's Company

(1) Adjusted financial information is reconciled to amounts reported under U.S. GAAP on pages 25, 26 & 27.

Financial Performance
Execution Creates Value

($)

(1)$100 invested on December 31, 2001 in stock or index. Includes reinvestment of dividends.

Cumulative Stock Total Return (1)

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The Brink's Company

Financial Performance

¢Global economic weakness

–Significant volume pressures

–Steep decline in Diamond & Jewelry
market

–Customers in financial distress

¢Key actions taken

–Venezuela… executing our strategy

–Pension funding addressed

–EMEA Restructuring/severance

¢Growth focus

–BRIC acquisitions

–Disciplined investment & execution

2009 Highlights

2010 Outlook

¢Global economy stabilizing

–Low/mid single-digit % annual organic
revenue growth (from adjusted $2.9B in 2009)

–Margins between 7.0% and 7.5%

–Difficult comps in first-half 2010

–Second-half seasonally stronger

¢2010 Focus areas

–Latin America continued growth

–North America productivity and margin growth

–EMEA turnaround efforts

¢Growth focus

–Disciplined M&A

–Solutions… higher-margin services

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The Brink's Company

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Summary

Investment Rationale

¢Industry leader

¢Premier brand

¢Operational excellence

¢Global footprint

¢Strategy for growth

¢Proven financial performance

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The Brink's Company

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The Brink's Company

Appendix

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The Brink's Company

Adjusted Results - Reconciled to Amounts Reported under GAAP

25

The Brink's Company

Purpose of Adjusted Information

Adjusted results described in this filing are financial measures that are not required by, or presented in accordance with, U.S. generally accepted accounting principles
(“GAAP”).These adjusted results

a)reflect the impact of reporting results from Venezuela at the less favorable parallel market exchange rate,

b)exclude transaction losses on repatriated cash from Venezuela, and

c)exclude an acquisition gain in India.

The purpose of the adjusted information is to provide users of financial information of The Brink’s Company an understanding of the effects of each of the items
described above.The adjusted information provides information to assist comparability and estimates of future performance.Brink’s believes these measures are
helpful in assessing operations and estimating future results, provide transparency to investors, and enable period-to-period comparability of financial performance.
Adjusted results should not be considered as an alternative to revenue, income or earnings per share amounts determined in accordance with GAAP and should be
read in conjunction with their GAAP counterparts.

Explanation of Reconciling Items

 The adjustments:

(a)Change from official rate to parallel rate translation in Venezuela

i.Reduce segment operating income - International to reflect operating results had they been translated using the parallel rate in effect at the time.Results from
Venezuela in 2005, 2006, 2007, 2008 and most of 2009 were translated at the official rate.

ii. Increase segment operating income - International by $5 million in 2009.The adjustment reverses certain currency exchange losses related to increases in cash
held in U.S. dollars by the Venezuelan subsidiaries.

(b)Venezuela currency loss.Decrease non-segment expense by $23 million for the loss that was recognized in 2009 related to the repatriation of cash
from Venezuela.

(c)Acquisition gain.Decrease other operating income - non-segment by $14 million for the gain recorded in 2009 related to an acquisition of a
controlling interest in an Indian subsidiary.

		Years Ended December 31,
(In millions)		2009	2008	2007	2006	2005
Revenues	$	(238)	(173)	(119)	(39)	(26)
Operating profit		(43)	(49)	(27)	(12)	(7)

Adjusted Results - Reconciled to Amounts Reported under GAAP
(Cont.)

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The Brink's Company

See page 25 for explanation of footnotes

Reconciliation

Amounts may not add due to rounding

Adjusted Results - Reconciled to Amounts Reported under GAAP
(Cont.)

27

The Brink's Company

(In millions)		2009	2008	2007	2006	2005
Non-Segment
Reported GAAP Basis	$	(47)	(43)	(62)	(73)	(82)
Adjustments:
Change to Parallel Rate (a)		-	-	-	-	-
Venezuela Currency Loss (b)		23	-	-	-	-
India Acquisition Gain (c)		(14)	-	-	-	-
Adjusted Basis	$	(38)	(43)	(62)	(73)	(82)
Total Operating Profit
Reported GAAP Basis	$	167	229	161	111	38
Adjustments:
Change to Parallel Rate (a)		(39)	(49)	(27)	(12)	(7)
Venezuela Currency Loss (b)		23	-	-	-	-
India Acquisition Gain (c)		(14)	-	-	-	-
Adjusted Basis	$	137	180	134	99	31

See page 25 for explanation of footnotes

Reconciliation

Amounts may not add due to rounding

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The Brink's Company

Adjusted Results - Reconciled to Amounts Reported under GAAP
(Cont.)

See page 25 for explanation of footnotes