Company: PRMB
Filing Date: 2025-02-07
Form Type: S-1/A
Source: 0001193125-25-022806
Chunk: 143

Company: Primo Brands Corp
Filing Date: 2025-02-07
Form: S-1/A
Chunk 143
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 prior year’s average foreign exchange rates. |

94

The following table summarizes the change in revenue by reporting segment for the fiscal year ended December 31, 2022:

|                                                         |     | For the Fiscal Year Ended    
 December 31, 2022            |       |   |     |       |       |    |     |       |       |   |
|:--------------------------------------------------------|:----|:-----------------------------|------:|:--|:----|:------|------:|:---|:----|:------|------:|:--|
|                                                         |     | North America                |       |   |     | Other |       |    |     | Total |       |   |
|                                                         |     | -in millions of U.S. dollars |       |   |     |       |       |    |     |       |       |   |
| Change in revenue                                       |     | $                            | 122.7 |   |     | $     |  (5.9 | )  |     | $     | 116.8 |   |
| Impact of foreign exchange1                             |     |                              |   2.4 |   |     |       |   0.4 |    |     |       |   2.8 |   |
| Change excluding foreign exchange                       |     | $                            | 125.1 |   |     | $     |  (5.5 | )  |     | $     | 119.6 |   |
| Percentage change in revenue                            |     |                              |   7.9 | % |     |       | (43.7 | )% |     |       |   7.4 | % |
| Percentage change in revenue excluding foreign exchange |     |                              |   8.0 | % |     |       | (40.7 | )% |     |       |   7.6 | % |

| 1 | Impact of foreign exchange is the difference between the current year’s revenue translated utilizing the                                            
 current year’s average foreign exchange rates less the current year’s revenue translated utilizing the prior year’s average foreign exchange rates. |

The following table summarizes the change in gross profit by reporting segment for the fiscal year ended December 30, 2023:

|                                                              |     | For the Fiscal Year Ended    
 December 30, 2023            |       |   |     |       |       |    |     |       |       |   |