11:44 AM EST - Primo Water Corporation : Released details during its virtual investor day regarding its 2024 organic growth outlook, along with a proposed multi-year step-up in its dividend payout: High single digit revenue growth; Adjusted EBITDA of $500 million to $525 million; Adjusted EBITDA margin building to the high 21% range, driven by investment in efficiencies, increased scale, and density, and an expected 100-basis point benefit from exiting the Company's North America single-use plastic bottled water retail business. Adjusted EPS were $1.10 to $1.20 per share. Primo Water Corporation
shares T.PRMW are trading down $0.02 at $24.62.
