Primo water announces second quarter 2024 results raises full year outlook

Results exceeded high end of q2 revenue and adjusted ebitda outlook revenue of $485 million , increased 7.6%, including 6.6% contribution from organic growth gross margin of 65.6%, increased 110 bps, and net income increased to $13 million adjusted ebitda of $113 million, increased 14.9%, and adjusted ebitda margin of 23.3%, increased 150 bps increases full-year 2024 revenue and adjusted ebitda outlook increases full-year 2024 adjusted free cash flow outlook to between $180 million and $190 million, an increase of $5 million tampa, fla. , aug. 8, 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 second quarter ended june 29, 2024.
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