404 0 Kommentare Cardtronics U.K. Completes Sale of Retail Cash-in-Transit Operation

HOUSTON, July 2, 2015 (GLOBE NEWSWIRE) -- Cardtronics, Inc. (NASDAQ:CATM) today announced the completion of its previously announced divestiture of the retail portion of its U.K. cash-in-transit operation. The sale to Loomis was completed on July 1, with proceeds to Cardtronics of approximately £18 million subject to post-closing adjustments. Cardtronics U.K. will continue providing cash replenishment and maintenance services for both its owned and third-party ATM estates.

Anticipated Impact to 2015 Results

Cardtronics expects its revenues in the second half of 2015 to be reduced by approximately $13 million due to this divestiture. Impact on profits is expected to be immaterial to 2015 results. Cardtronics plans to update full-year 2015 financial guidance in connection with its second quarter earnings release, anticipated to occur in late July or early August.

About Cardtronics (NASDAQ:CATM)

Making ATM cash access convenient where people shop, work and live, Cardtronics is at the convergence of retailers, financial institutions, prepaid card programs and the customers they share. Cardtronics owns/operates more than 111,150 retail ATMs in U.S. and international locales. Whether Cardtronics is driving foot traffic for America's most relevant retailers, enhancing ATM brand presence for card issuers or expanding card holders' surcharge-free cash access on the local, national or global scene, Cardtronics is convenient access to cash, when and where consumers need it. Cardtronics is where cash meets commerce.

Cardtronics is a registered trademark of Cardtronics, Inc.

All other trademarks are the property of their respective owners.

CONTACT: Media Relations
         Nick Pappathopoulos
         Director - Public Relations
         832-308-4396
         npappathopoulos@cardtronics.com
         
         Investor Relations
         Phillip Chin
         EVP Corporate Development & Investor Relations
         832-308-4975
         ir@cardtronics.com

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Source: Cardtronics, Inc. via Globenewswire

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