Below are the financial statements of Primo Brands, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 5,152.5a | 4,698.7a | 4,441.1a |
| Cost of sales | -3,530.9a | -3,346.7a | -3,446.9a |
| Gross profit | 1,621.6a | 1,352a | 994.2a |
| Selling, general and administrative expenses | -1,050.6a | -924.2a | -887a |
| Acquisition, integration and restructuring expenses | -204.1a | -16.9a | -83.8a |
| Other operating expense, net | -6.6a | -4.9a | -0.1a |
| Operating income | 360.3a | 406a | 23.3a |
| Gain on extinguishment of debt | 0a | 0a | -8.7a |
| Interest and financing expense, net | -339.6a | -288.1a | -211.8a |
| Income (loss) from continuing operations before income taxes | 20.7a | 117.9a | -179.8a |
| Provision for (benefit from) income taxes | -33.3a | -25.1a | -53.1a |
| Net (loss) income from continuing operations | -12.6a | 92.8a | -126.7a |
| Net loss from discontinued operations, net of tax | -3.8a | 0a | 0a |
| Net (loss) income | -16.4a | 92.8a | -126.7a |
| Dividend on preferred stock | 0a | 25.8a | 32.7a |
| Excess of redemption price over carrying value of preferred stock | 0a | 3.1a | 1.1a |
| Net (loss) income attributable to common stockholders | -16.4a | 63.9a | -160.5a |
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