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TAMPA, Fla. and STAMFORD, Conn.
TAMPA, Fla. and STAMFORD, Conn.
PRMB reports higher revenues year over year in first-quarter 2025 owing to increased volumes and a rise in price or mix.
Primo Brands Corporation (NYSE:PRMB ) Q1 2025 Earnings Conference Call May 8, 2025 10:00 AM ET Company Participants Jon Kathol - Vice President, Investor Relations Robbert Rietbroek - Chief Executive Officer David Hass - Chief Financial Officer Conference Call Participants Jon Andersen - William Blair Nik Modi - RBC Capital Markets Andrea Teixeira - JPMorgan Derek Lessard - TD Cowen Daniel Moore - CJS Securities Andrew Strelzik - BMO Steve Powers - Deutsche Bank Operator Good morning. My name is Marissa, and I will be your conference operator for today.
TAMPA, Fla. and STAMFORD, Conn.
Primo Brands (PRMB) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.19 per share a year ago.
Delivers strong organic Net Sales growth, primarily driven by volume Expands Adjusted EBITDA margin Integration on schedule with cost synergies opportunity of $300 million, with $200 million expected to be captured in 2025; balance expected to be captured in 2026 Reaffirms full year 2025 Net Sales, Adjusted EBITDA and Adjusted Free Cash Flow guidance TAMPA, Fla. and STAMFORD, Conn.
Primo Brands (PRMB) possesses solid growth attributes, which could help it handily outperform the market.
PRMB's first-quarter 2025 results are likely to reflect gains from strategic efforts, strong consumer demand and positive consumer trends.
