In This Article:
Primo Brands (NYSE:PRMB) Full Year 2024 Results
Key Financial Results
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Revenue: US$5.15b (up 9.7% from FY 2023).
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Net loss: US$12.6m (down by 120% from US$63.9m profit in FY 2023).
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US$0.052 loss per share (down from US$62.10 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Primo Brands Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Beverage industry in the US.
Performance of the American Beverage industry.
The company's shares are down 2.9% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Primo Brands that you need to be mindful of.
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