Primo Water operating income/ loss 2018-2023
From 2018 to 2023, the operating profit and loss of Primo Water has fluctuated. In 2020, the company had an operating loss of 52.2 million U.S. dollars. However, in 2023 the operating income increased to 163.4 million U.S. dollars.
Primo Water Corporation is a company based in Canada and the U.S. that offers water services such as water dispensers, filtration systems, water delivery, and bottle refills. The company was founded originally in 1932 as Cott Beverage Corporation in New York. After selling its soft drinks assets in 2018 and acquiring Primo Water in 2020, the company transitioned to water services.