Primo Brands reports Q3 net sales of $1.77 billion and net income of $40.5 million
Primo Brands Corporation reported net sales of $1,766.1 million for the third quarter ended September 30, 2025, a year-over-year increase of 35.3% from $1,305.1 million. Net income from continuing operations was $40.5 million, down from $53.3 million in the same period last year. Adjusted net income rose to $155.0 million from $76.9 million, while adjusted net income per diluted share was $0.41, up from $0.35. Adjusted EBITDA increased by 53.2% to $404.5 million, with an adjusted EBITDA margin of 22.9%, up from 20.2%. The company generated $150.7 million in free cash flow and $311.1 million in adjusted free cash flow. Primo Brands declared a quarterly dividend of $0.10 per share, payable on December 5, 2025, and announced the appointment of Eric Foss as Chairman and Chief Executive Officer. The company reaffirmed its cost synergy targets and revised its full year 2025 net sales and adjusted EBITDA guidance.
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