Primo Brands reports Q4 adjusted EPS 13c, consensus 21c

Reports Q4 revenue $1.4B, consensus $1.58B. “We had a strong finish to the year as a combined company, Primo Brands (PRMB) Corporation. We exceeded net sales and volume expectations across our core water channels. Organic Combined Net Sales growth was primarily driven by volume which led to earnings growth and margin expansion. Our focus on our ‘must-wins’ of brand leadership, net organic growth, delivering superior customer service, providing operational excellence and being the first choice for stakeholders drives growth and creates value. Our strength of brands, market share gains, and increased customer service continues to drive strong momentum,” said Robbert Rietbroek, CEO.