Primo Brands Reports 2026 First Quarter Results
Primo Brands reported Q1 revenue of $1.63 billion, up 0.8% year-over-year, driven by premium brand growth that exceeded expectations and led to a raise in full-year organic sales growth guidance to 1-3%. However, profitability faced significant headwinds, with Adjusted EBITDA falling 10.4% to $306 million and margins contracting 240 basis points to 18.8%, prompting the company to widen and lower its full-year EBITDA outlook due to inflationary pressures.
Key figures
- Eps
- 0.07
- Revenue
- 1626100000
- Guidance
- FY26 Organic Net Sales Growth 1-3% (raised from 0-1%); Adj. EBITDA $1.465B-$1.515B (low end lowered from $1.485B)
- Revenue Yoy
- 0.8%
- Adj fcf
- 128600000
- Net debt
- 5.0 billion
- Adj ebitda
- 306000000
- Gross margin
- 28.6%
- Adj ebitda margin
- 18.8%
AI analysis
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