Primo water announces strong third quarter 2023 results and increases annual adjusted free cash flow guidance

Delivers q3 revenue guidance and exceeds high-end of adjusted ebitda guidance revenue of $622 million, a 6% increase net income of $33 million, a $32 million increase adjusted ebitda of $141 million, a $24 million or 21% increase adjusted ebitda margins of a record 22.7%, a 270 bps increase reaffirms full-year 2023 revenue and adjusted ebitda outlook increases full-year adjusted free cash flow guidance by $10 million to approximately $160 million declares quarterly dividend of $0.08 per common share, a 14% increase over last year announces sale of significant portion of international businesses for up to $575 million in all cash transaction tampa, fla. , nov. 2, 2023 /prnewswire/ - primo water corporation (nyse: prmw) (tsx: prmw) (the "company" or "primo water"), a leading provider of sustainable drinking water solutions in north america and europe, today announced its results for the third quarter ended september 30, 2023.
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