Primo Water(PRMW) - 2024 Q1 - Quarterly Results
Primo Water(PRMW)2024-05-09 20:05
Exhibit 99.1 CONTACT: Jon Kathol Vice President, Investor Relations Tel:813-544-8515 investorrelations@primowater.com Primo Water Announces First Quarter 2024 Results And Declares Quarterly Dividend • Results exceeded high end of Q1 Revenue and Adjusted EBITDA guidance • Revenue of $452 million, increased 9.6%, including 8.3% organic growth • Gross margin of 64.4%, increased 160 bps, and net income increased to $19 million • Adjusted EBITDA of $94 million, increased 24.2%, and Adjusted EBITDA margin of 20.8 ...