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%, increased 250 bps increases full-year 2024 revenue and adjusted ebitda outlook increases full-year 2024 adjusted free cash flow outlook to between $175 million and $185 million, an increase of $5 million tampa, fla. , may 9, 2024 /prnewswire/ - primo water corporation (nyse: prmw) (tsx: prmw) (the "company" or "primo water"), a leading provider of sustainable drinking water solutions in north america, today announced its results for the first quarter ended march 30, 2024.
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