Primo Water Corporation ( (PRMB) ) has released its Q1 earnings. Here is a breakdown of the information Primo Water Corporation presented to its investors.
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Primo Brands Corporation is a prominent North American beverage company specializing in healthy hydration solutions, offering a diverse range of responsibly sourced products across various formats and channels. The company operates a vertically integrated network that distributes its brands to retail outlets and directly to consumers in the U.S. and Canada.
Primo Brands reported strong financial results for the first quarter of 2025, highlighted by significant organic net sales growth and an expanded adjusted EBITDA margin. The company is on track to achieve substantial cost synergies from its recent merger, reinforcing its optimistic full-year financial guidance.
Key financial metrics for the quarter include a 42.1% increase in net sales to $1.6 billion, driven by the merger with Primo Water. Adjusted EBITDA rose by 56.9% to $341.5 million, with a margin expansion of 200 basis points. Despite a slight decrease in net income per diluted share from continuing operations, adjusted net income per diluted share increased by $0.07.
Primo Brands continues to focus on domestic manufacturing efficiency, cost control, and synergy capture, which are expected to drive further volume growth and margin expansion. The company remains committed to delivering shareholder value through its resilient business model.
Looking ahead, Primo Brands reaffirms its full-year 2025 guidance for net sales, adjusted EBITDA, and adjusted free cash flow, supported by its strategic initiatives and robust market position.