Company: PRMB
Filing Date: 2025-02-07
Form Type: S-1/A
Source: 0001193125-25-022806
Chunk: 316

Company: Primo Brands Corp
Filing Date: 2025-02-07
Form: S-1/A
Chunk 316
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5 | ) |
| Total shareholders’ equity                                                                         |                                                     | $ |             (241.5 | ) |     | $ |               2.7 |   |
| Total liabilities and shareholders’ equity                                                         |                                                     | $ |            5,181.8 |   |     | $ |           5,153.8 |   |

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements F-47

TRITON WATER PARENT, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

|                                                                 | ($ in millions, except share and per share values) | 2024 | Three Months Ended September 30, |     | 2023 |           |   |     | 2024 | Nine Months Ended September 30, |     | 2023 |           |   |
|:----------------------------------------------------------------|:---------------------------------------------------|:-----|---------------------------------:|:----|:-----|----------:|:--|:----|:-----|--------------------------------:|:----|:-----|----------:|:--|
| Net sales                                                       |                                                    | $    |                          1,305.1 |     | $    |   1,252.6 |   |     | $    |                         3,755.3 |     | $    |   3,612.7 |   |
| Cost of sales                                                   |                                                    |      |                            888.9 |     |      |     874.5 |   |     |      |                         2,563.8 |     |      |   2,574.9 |   |
| Gross profit                                                    |                                                    |      |                            416.2 |     |      |     378.1 |   |     |      |                         1,191.5 |     |      |   1,037.8 |   |
| Selling, general and administrative expenses                    |                                                    |      |                            239.7 |     |      |     230.8 |   |     |      |                           714.7 |     |      |     709.3 |   |
| Acquisition, integration and restructuring expenses             |                                                    |      |                             10.0 |     |      |       4.0 |   |     |      |                            29.0 |     |      |      15.0 |   |
| Other operating expenses (income), net                          |