Press Release: Primo Water Corporation Announces -4-
Press Release: Primo Water Corporation Announces -4-
新聞稿：Primo水務公司宣佈-4-
Financing fees -- (0.6) (11.3) (3.4)
Equity issuance
fees -- -- -- (1.1)
Dividends paid
to common
shareholders (9.6) (9.6) (29.2) (29.9)
Payment of
deferred
consideration
for
acquisitions -- -- (1.8) (1.2)
Other financing
activities 1.1 7.9 5.4 19.1
Net cash used
in by
financing
activities
from
continuing
operations (17.7) (73.6) (39.3) (10.4)
Cash flows from
discontinued
operations:
Operating
activities of
discontinued
operations 0.1 (0.7) (1.7) (18.7)
Investing
activities of
discontinued
operations -- (4.0) -- 388.9
Financing
activities of
discontinued
operations -- -- -- (0.1)
Net cash (used
in) provided
by
discontinued
operations 0.1 (4.7) (1.7) 370.1
Effect of
exchange rate
changes on
cash (1.2) 0.8 (1.5) (0.2)
Net increase
(decrease) in
cash, cash
equivalents
and restricted
cash 11.1 (49.2) 10.2 (43.6)
Cash and cash
equivalents
and restricted
cash,
beginning of
period 114.2 211.1 115.1 205.5
Cash and cash
equivalents
and restricted
cash, end of
period 125.3 161.9 125.3 161.9
PRIMO WATER CORPORATION EXHIBIT 4
SEGMENT INFORMATION
(in millions of U.S. dollars, except
percentage amounts)
Unaudited
For the Three Months Ended October 2, 2021
Rest of
North America World All Other Total
Revenue, net
---------------
Water
Direct/Water
Exchange $281.9 $62.3 $-- $344.2
Water
Refill/Water
Filtration 47.0 8.6 -- 55.6
Other Water 42.6 24.2 -- 66.8
Water Dispensers 16.1 -- -- 16.1
Other 25.7 42.4 -- 68.1
Total $413.3 $137.5 $-- $550.8
Gross profit $233.0 $75.4 $-- $308.4
Gross margin % 56.4 % 54.8 % -- % 56.0 %
Selling, general
and
administrative
expenses (a) $183.6 $70.5 $9.5 $263.6
SG&A % of
revenue 44.4 % 51.3 % -- % 47.9 %
Operating income
(loss) (a) $48.6 $4.4 $(10.8) $42.2
Depreciation and
amortization $37.8 $15.1 $0.4 $53.3
For the Three Months Ended September 26, 2020
Rest of
North America World All Other Total
Revenue, net
---------------
Water
Direct/Water
Exchange $252.1 $60.2 $-- $312.3
Water
Refill/Water
Filtration 48.9 8.1 -- 57.0
Other Water 39.0 20.5 -- 59.5
Water Dispensers 28.5 -- -- 28.5
Other 24.7 35.5 -- 60.2
Total $393.2 $124.3 $-- $517.5
Gross profit $232.4 $71.7 $-- $304.1
Gross margin % 59.1 % 57.7 % -- % 58.8 %
Selling, general
and
administrative
expenses (a) $184.2 $62.4 $10.6 $257.2
SG&A % of
revenue 46.8 % 50.2 % -- % 49.7 %
Operating income
(loss) (a) $45.4 $8.5 $(12.6) $41.3
Depreciation and
amortization $38.5 $14.8 $0.3 $53.6
For the Nine Months Ended October 2, 2021
Rest of
North America World All Other Total
Revenue, net
---------------
Water
Direct/Water
Exchange $785.6 $169.2 $-- $954.8
Water
Refill/Water
Filtration 137.2 24.5 -- 161.7
Other Water 125.7 62.0 -- 187.7
Water Dispensers 48.7 -- -- 48.7
Other 78.3 124.1 -- 202.4
Total $1,175.5 $379.8 $-- $1,555.3
Gross profit $663.1 $207.0 $-- $870.1
Gross margin % 56.4 % 54.5 % -- % 55.9 %
Selling, general
and
administrative
expenses (a) $540.0 $204.2 $27.3 $771.5
SG&A % of
Revenue 45.9 % 53.8 % -- % 49.6 %
Operating income
(loss) (a) $114.8 $2.4 $(30.3) $86.9
Depreciation and
amortization $112.1 $45.2 $1.1 $158.4
For the Nine Months Ended September 26, 2020
Rest of
North America World All Other Total
Revenue, net
---------------
Water
Direct/Water
Exchange $715.3 $160.3 $-- $875.6
Water
Refill/Water
Filtration 123.8 21.5 -- 145.3
Other Water 123.7 48.0 -- 171.7
Water Dispensers 55.2 -- -- 55.2
Other 89.8 110.9 -- 200.7
Total $1,107.8 $340.7 $-- $1,448.5
Gross profit $644.4 $187.7 $-- $832.1
Gross margin % 58.2 % 55.1 % -- % 57.4 %
Selling, general
and
administrative
expenses (a) $537.9 $192.5 $28.6 $759.0
SG&A % of
revenue 48.6 % 56.5 % -- % 52.4 %
Operating income
(loss) (a) $92.5 $(122.0) $(47.2) $(76.7)
Depreciation and
amortization $107.1 $43.4 $0.9 $151.4
(a) We revised the allocation of information technology costs from the All
Other category to our North America and Rest of World reporting segments to
reflect how the Chief Executive Officer, who is our chief operating decision
maker, measures the performance of our segments. As a result of the change,
selling, general and administrative ("SG&A") expenses for the prior periods
have been recast to increase SG&A expenses in our North America reporting
segment by $0.6 million, increase SG&A expenses in our Rest of World reporting
segment by $1.7 million, and decrease SG&A expenses in the All Other category
by $2.3 million for the three months ended September 26, 2020. SG&A expenses
for the nine months ended September 26, 2020 has been recast to increase SG&A
expenses in our North America reporting segment by $1.6 million, increase SG&A
expenses in our Rest of World reporting segment by $5.1 million, and decrease
SG&A expenses in the All Other category by $6.7 million. Operating income
(loss) for our North America and Rest of World reporting segments as well as
our All Other category, as applicable, reflect the aforementioned adjustments
for the three and nine months ended September 26, 2020.
PRIMO WATER CORPORATION EXHIBIT 5
SUPPLEMENTARY INFORMATION - NON-GAAP - ANALYSIS OF REVENUE AND GROSS
PROFIT BY REPORTING SEGMENT
(in millions of U.S. dollars, except
percentage amounts)
Unaudited
For the Three Months Ended October 2, 2021
North America Rest of World All Other Primo
Change in
revenue $ 20.1 $ 13.2 $ -- $33.3
Impact of
foreign
exchange
(a) $ (0.9) $ (4.8) $ -- $(5.7)
Change
excluding
foreign
exchange $ 19.2 $ 8.4 $ -- $27.6
Percentage
change in
revenue 5.1 % 10.6 % -- % 6.4 %
Percentage
change in
revenue
excluding
foreign
exchange 4.9 % 6.8 % -- % 5.3 %
For the Nine Months Ended October 2, 2021
North America Rest of World All Other Primo
Change in
revenue $ 67.7 $ 39.1 $ -- $106.8
Impact of
foreign
exchange
(a) $ (3.9) $ (22.9) $ -- $(26.8)
Change
excluding
foreign
exchange $ 63.8 $ 16.2 $ -- $80.0
Percentage
change in
revenue 6.1 % 11.5 % -- % 7.4 %
Percentage
change in
revenue
excluding
foreign
exchange 5.8 % 4.8 % -- % 5.5 %
For the Three Months Ended October 2, 2021
North America Rest of World All Other Primo
Change in
gross
profit $ 0.6 $ 3.7 $ -- $4.3
Impact of
foreign
exchange
(a) $ (0.4) $ (1.8) $ -- $(2.2)
Change
excluding
foreign
exchange $ 0.2 $ 1.9 $ -- $2.1
Percentage
change in
gross
profit 0.3 % 5.2 % -- % 1.4 %
Percentage
change in
gross
profit
excluding
foreign
exchange 0.1 % 2.6 % -- % 0.7 %
For the Nine Months Ended October 2, 2021
North America Rest of World All Other Primo
Change in
gross
profit $ 18.7 $ 19.3 $ -- $38.0
Impact of
foreign
exchange
(a) $ (2.0) $ (11.2) $ -- $(13.2)
Change
excluding
foreign
exchange $ 16.7 $ 8.1 $ -- $24.8
Percentage
change in
gross
profit 2.9 % 10.3 % -- % 4.6 %
融資費--(0.6)(11.3)(3.4)股票發行費用-(1.1)支付的股息變得普通股東(9.6)(9.6)(29.2)(29.9)支付遞延考慮為收購-(1.8)(1.2)其他融資活動1.1 7.9 5.4 19.1使用的現金淨額In By(收件人)融資活動從…繼續業務(17.7)(73.6)(39.3)(10.4)現金流來自停產運營：運營中的活動停產行動0.1(0.7)(1.7)(18.7)投資的活動停產運營--(4.0%)--388.9融資的活動停產運營-(0.1)淨現金(已用In)提供通過停產行動0.1(4.7)(1.7)370.1的效果匯率，匯率更改現金(1.2)0.8(1.5)(0.2)淨增長(減少)現金，現金等價物並受到限制現金11.1(49.2)10.2(43.6)現金和現金等價物並受到限制現金，開始於期間114.2 211.1 115.1 205.5現金和現金等價物並受到限制現金，到期日期間125.3 161.9 125.3 161.9Primo水務公司展品4細分市場信息(單位：百萬美元，除百分比金額)未經審計截至2021年10月2日的三個月其餘部分北美世界所有其他合計收入，淨額--------------- 水直接/水交換$281.9$62.3$--$344.2水加水/加水過濾47.0 8.6--55.6其他水域42.6 24.2-66.8飲水機16.1-16.1其他25.7 42.4-68.1總計$413.3$137.5$--$550.8毛利$233.0$75.4$--$308.4毛利率%56.4%54.8%--%56.0%銷售，一般和行政性開支(A)$183.6$70.5$9.5$263.6SG&A的百分比(&A)收入44.4%51.3%--47.9%營業收入(損失)(A)$48.6$4.4$(10.8)$42.2折舊和折舊攤銷$37.8$15.1$0.4$53.3截至2020年9月26日的三個月其餘部分北美世界所有其他合計收入，淨額--------------- 水直接/水交換$252.1$60.2$--$312.3水加水/加水過濾48.9 8.1--57.0其他水域39.0 20.5--59.5飲水機28.5-28.5其他24.7 35.5--60.2總計$393.2$124.3$--$517.5毛利$232.4$71.7$--$304.1毛利率%59.1%57.7%--%58.8%銷售，一般和行政性開支(A)$184.2$62.4$10.6$257.2SG&A的百分比(&A)收入46.8%50.2%--49.7%營業收入(損失)(A)$45.4$8.5$(12.6)$41.3折舊和折舊攤銷$38.5$14.8$0.3$53.6截至2021年10月2日的9個月其餘部分北美世界所有其他合計收入，淨額--------------- 水直接/水交換$785.6$169.2$--$954.8水加水/加水過濾137.2 24.5-161.7其他水125.7 62.0-187.7飲水機48.7-48.7其他78.3124.1--202.4總計$1,175.5$379.8$--$1,555.3毛利$663.1$207.0$--$870.1毛利率%56.4%54.5%--%55.9%銷售，一般和行政性開支(A)$540.0$204.2$27.3$771.5SG&A的百分比(&A)收入45.9%53.8%--49.6%營業收入(損失)(A)$114.8$2.4$(30.3)$86.9折舊和折舊攤銷$112.1$45.2$1.1$158.4截至2020年9月26日的9個月其餘部分北美世界所有其他合計收入，淨額--------------- 水直接/水交換$715.3$160.3$--$875.6水加水/加水過濾123.8 21.5-145.3其他水123.7 48.0-171.7飲水機55.2-55.2其他89.8 110.9--200.7總計$1,107.8$340.7$--$1,448.5毛利$644.4$187.7$--$832.1毛利率%58.2%55.1%--%57.4%銷售，一般和行政性開支(A)$537.9$192.5$28.6$759.0SG&A的百分比(&A)收入48.6%56.5%--%52.4%營業收入(損失)(A)$92.5$(122.0)$(47.2)$(76.7)折舊和折舊攤銷$107.1$43.4$0.9$151.4(一)我們修訂了所有資訊科技成本的分配其他類別到我們的北美和世界其他地區的報告細分到反映出首席執行官，也就是我們的首席運營決策製造商，衡量我們細分市場的表現。作為這一變化的結果，前期銷售、一般和行政(“SG&A”)費用已重新調整，以增加我們北美報告中的SG&A費用細分市場增加60萬美元，增加我們世界其他地區報告中的SG&A費用細分170萬美元，並減少所有其他類別的SG&A費用在截至2020年9月26日的三個月裏增加了230萬美元。SG&A費用在截至2020年9月26日的9個月中，已經進行了重組，以增加SG&A我們北美報告部門的支出增加了160萬美元，增加了SG&A我們世界其他地區報告部門的費用減少了510萬美元，所有其他類別的SG&A費用減少670萬美元。營業收入(虧損)我們的北美和世界其他地區的報告部門以及我們的所有其他類別，如適用，反映上述調整截至2020年9月26日的三個月和九個月。Primo水務公司展品5補充信息-非公認會計準則-收入和毛收入分析按報告部門劃分的利潤(單位：百萬美元，除百分比金額)未經審計截至2021年10月2日的三個月北美、世界其他地區及所有其他地區改變收入20.1美元13.2美元--33.3美元對.的影響國外兑換 (a) $ (0.9) $ (4.8) $ -- $(5.7) 變化不包括國外交易所$19.2$8.4$--$27.6百分比更改中收入5.1%-10.6%--6.4%百分比更改中收入不包括國外Exchange 4.9%6.8%--%5.3%截至2021年10月2日的9個月北美、世界其他地區及所有其他地區改變收入$67.739.1$--106.8美元對.的影響國外兑換 (a) $ (3.9) $ (22.9) $ -- $(26.8) 變化不包括國外交換$63.8$16.2$--$80.0百分比更改中收入6.1%11.5%--%7.4%百分比更改中收入不包括國外Exchange 5.8%4.8%--%5.5%截至2021年10月2日的三個月北美、世界其他地區及所有其他地區改變毛收入利潤$0.6$3.7$--$4.3對.的影響國外兑換 (a) $ (0.4) $ (1.8) $ -- $(2.2) 變化不包括國外交換$0.2$1.9$--$2.1百分比更改中毛收入利潤0.3%5.2%--1.4%百分比更改中毛收入利潤不包括國外Exchange 0.1%2.6%--%0.7%截至2021年10月2日的9個月北美、世界其他地區及所有其他地區改變毛收入利潤$18.7$19.3$--$38.0對.的影響國外兑換 (a) $ (2.0) $ (11.2) $ -- $(13.2) 變化不包括國外交換$16.7$8.1$--$24.8百分比更改中毛收入利潤2.9%10.3%--4.6%
譯文內容由第三人軟體翻譯。
以上內容僅用作資訊或教育之目的，不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。